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For risk management purposes, Edward decided to invest in a Bull spread strategy. The initial stock price is $58.5 Strike price 55.5 35.5 Call premium

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For risk management purposes, Edward decided to invest in a Bull spread strategy. The initial stock price is $58.5 Strike price 55.5 35.5 Call premium 1.75 6.25 What is the gain or loss if the stock price at expiration is $38.5 0 -1.5 O 1.5 12.5 -12.5 QUESTION 9 For risk management purposes, Edward decided to invest in a Bull spread strategy. The initial stock price is $58.5 55.5 Strike price Call premium 35.5 6.25 1.75 What is the max loss? -4.5 -8 0 -1.5 -12.5

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