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Moliani wants to make a Bull Put Spread play on his favorite stock by shorting a PUT at strike price $54.50 and going long on
Moliani wants to make a Bull Put Spread play on his favorite stock by shorting a PUT at strike price $54.50 and going long on a PUT at strike price $50. The premium on the short sale is 5.92 and the premium on the long play is 2.44What is the investor's profit (loss) on the play if the stock price is $61.98? 
Moliani wants to make a Bull Put Spread play on his favorite stock by shorting a PUT at strike price $54.50 and going long on a PUT at strike price $50. The premium on the short sale is 5.92 and the premium on the long play is 2.44 . What is the investor's profit (loss) on the play if the stock price is $61.98? $11.98$5.92$7.48$3.48$2.44 $11.98
$5.92
-$7.48
$3.48
-$2.44
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
