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Just Question 1 please Page 1: Question 1 (1 point) You create a Bull Spread with a long call that has a premium of $4
Just Question 1 please
Page 1: Question 1 (1 point) You create a Bull Spread with a long call that has a premium of $4 and a $18 strike price combined with a short call that has a premium of $3 and a $23 strike price. What is the maximum profit you can achieve? DO NOT USE DECIMALS AND DO NOT USE THE DOLLAR SIGN Question 2 (1 point) You create a Bear Spread with a short put that has a premium of $4 and a $30 strike price combined with a long put that has a premium of $6 and a $36 strike price. What is the profit if the stock price is $34? DO NOT USE DECIMALS AND DO NOT USE THE DOLLAR SIGN Question 3 (1 point) You have the following options available to you: long call options with a premium of $1 and a $37 strike price, other long call options with a premium of $3 and a $27 strike price, and short call options with a premium of $2 and a $32 strike price. What is your profit if the stock price is $32 and you had created a Butterfly Spread with those optionsStep by Step Solution
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