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Question 6 20 pts You invest in a Bull Spread. That is, you buy a call with a strike K1 = 54 and sell a

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Question 6 20 pts You invest in a Bull Spread. That is, you buy a call with a strike K1 = 54 and sell a call with a strike K2 = 60. You buy the first call at a premium of $3.38 and sell the second call at a premium of $2.21. At maturity, the underlying stock is at $49.91. What is your profit/loss? Enter a profit as positive, and a loss as negative. (Do NOT multiply by 100 for a lot of 100 options)

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