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Use the following information: Exercise Price Call Price Put Price 120 20.90 13.65 125 18.60 16.60 130 16.40 19.65 Current stock price is 125.94 For

Use the following information:

Exercise Price Call Price Put Price

120 20.90 13.65

125 18.60 16.60

130 16.40 19.65

Current stock price is 125.94

For each option strategy be sure to graph and label the maximum profit, maximum loss and break even(s).

1. Construct a bull call spread using the calls with exercise prices of 120 and 130.

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