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Problem 1 6 - 1 6 You enter into a bull spread by purchasing a call with a strike price of $ 4 4 and
Problem
You enter into a bull spread by purchasing a call with a strike price of $ and selling a call with a strike price of $ Suppose that the first call costs $ and the
second call sells for $
What is the most profit you can make from this strategy?
The most profit you can make from this strategy is $
Enter a negative sign if the maximum profit is less than
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