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Use the following information on XYZ Co, to answer questions 20 and 21. Calls XYZ 50 50 50 X 45 50 55 MAR 6.84 3.82

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Use the following information on XYZ Co, to answer questions 20 and 21. Calls XYZ 50 50 50 X 45 50 55 MAR 6.84 3.82 1.89 JUNE 8.41 5.58 3.54 20. An investor decides to execute a butterfly (sandwich) spread using the June calls. What will be the cost of the butterfly spread? a. $50 b. $79 c. $1753 d. $2311 e. none of the above 21. What will be the net profit of the butterfly in question 20 if the stock price at expiration is $52.50? a. $79 b. $171 c. $671 d. $1421 e. none of the above Use the following information on XYZ Co, to answer questions 20 and 21. Calls XYZ 50 50 50 X 45 50 55 MAR 6.84 3.82 1.89 JUNE 8.41 5.58 3.54 20. An investor decides to execute a butterfly (sandwich) spread using the June calls. What will be the cost of the butterfly spread? a. $50 b. $79 c. $1753 d. $2311 e. none of the above 21. What will be the net profit of the butterfly in question 20 if the stock price at expiration is $52.50? a. $79 b. $171 c. $671 d. $1421 e. none of the above

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