Question
Suppose that put options on a stock with strike prices of $40 and $57 cost $19 and $5, respectively. What is the maximum profit one
Suppose that put options on a stock with strike prices of $40 and $57 cost $19 and $5, respectively. What is the maximum profit one can gain from the bull spread that can be created using the above options?
| A. | $14 | |
| B. | $19 | |
| C. | $5 | |
| D. | $3 | |
| E. | $1 |
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
