Question #6 (10 points) A trader creates a long butterfly spread from options with strike prices $60, $65, and $70 by trading a total of 400 options. The options are worth $10, $13, and $17. What is the maximum net loss (after the cost of the options is taken into account? Quption #9 (10 points) For an 8% semiannual coupon bond that has 18 years plus 4 months to maturity, what's the conversion factor