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Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. For what values of the stock price
Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. For what values of the stock price in three months does the holder of the butterfly spread breakeven with a profit of zero?
A.) 59
B.) 58
C.) 61
D.) 60
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