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Janis creates a butterfly spread by buying 100 calls each with strike prices $50 and $60 and selling 200 calls with strike price $55. The

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Janis creates a butterfly spread by buying 100 calls each with strike prices $50 and $60 and selling 200 calls with strike price $55. The call options are worth $8.5, $3.5, and $5, respectively. What is her maximum net gain (after the cost of the options is taken into account)? O $300 $200 $400 $100

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