The spread consists of a long call option with a strike price of 950 with a premium of 20 points and short call option with a strike price of 980 with a premium of 10 points. i. ii. Draw the pay-off diagram for the spread and name this spread. What is the breakeven point of the spread? What are the maximum profit and maximum loss of this spread? Find the profit or loss at the following prices: 860,955, 970, 990 iii. iv