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Needs Grading Problem II/ For risk management purposes, Edward decided to invest in a Bull spread strategy. The initial stock price is $58.5 Strike price

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Needs Grading Problem II/ For risk management purposes, Edward decided to invest in a Bull spread strategy. The initial stock price is $58.5 Strike price Call premium 55.5 1.75 35.5 6.25 What is his gain/loss if the stock is $49

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