Today's price of three traded call options on Milo Mills, all expiring in one month, are as follows:

Strike Price Option Price

$$50$ $$7\mathrm{.}50$

$$60$ $$3\mathrm{.}00$

$$70$ $$1\mathrm{.}50$

You are considering buying a butterfly spread consisting of the following positions:

Buy $1$ call at strike price of $$50$

Sell $($write$)2$ calls at strike price of $$60$

Buy $1$ call at strike price of $$70.$

Plot the payoff of your total position for different values of the

stock price on the maturity date.

Plot the profit of your total position for different values of the stock price on the maturity date.

What is the dollar investment required to establish the spread?

For what stock prices on the maturity date will you be making an

overall profit?