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The largest profit from the strategy below would be _____ and the range of the spot rate on the expiration date for a positive profit
The largest profit from the strategy below would be _____ and the range of the spot rate on the expiration date for a positive profit would be between _____ and _____
A Long Butterfly
-Buy one call option with an exercise price of one dollar $1.48 for a premium of $0.02
-sell two call options with an exercise price of $1.50 for a premium of $0.02
-Buy one call option with an exercise price of $1.52 for a premium of $0.02
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