Use the following information for questions 24 through 30 You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $50 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes: Wildwood Corp Expiration June June June Underlying Stock price: $50.00 Strike 45.00 2.00 50.00 3.00 55.00 27) Now, imagine that you establish a bullish money spread using the 45 and 55 calls. At the expiration date of the options, the stock's price turns out to be $52. Ignoring commissions, the net profit (per share) on your position is a) $0.00 b) $0.50 c) $1.25 d) $6.50 e) $8.50 28) What is the maximum gain (per share) on the position constructed in question 27? a) $3.50 b) $4.50 c) $5.50 d) $6.50 e) None of the above 29) What is the maximum loss (per share) on the position constructed in question 27? a) $3.50 b) $4.50 c) $5.50 d) $6.50 e) None of the above 30) What is the breakeven point (in terms of the expiration price of the underlying) of the position constructed in question 27? a) $53.50 b) $47.00 c) $53.00 d) $51.50 e) $52.50