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Suppose that December Crude Oil futures (1000 barrels per contract). An investor decides to buy a September put bear option spread on this futures contract

Suppose that December Crude Oil futures (1000 barrels per contract). An investor decides to buy a September put bear option spread on this futures contract with strike prices of $80 and $85 and option premiums of $3.70 and $6 respectively. The maximum possible profit from this strategy is: Group of answer choices $1,300 $5,000 $2,700 $7,300

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