Yes, time 1 is in 1 year. Sorry about that

Stock price after 1 year, 200(1.05) = 210

Price of stock of company X at time 0 is 200; Annual effective interest is at rate 5%; European Call and Put option premiums for strike prices are given by the following table; Assume that the stock pays no dividends. Strike Call Put 150 64.6 7.5 170 51.6 13.5 1. Determine the payoff and profit at time 1 of a bull spread: a purchased call with strike price 150 and a written call with strike price 170. 2. Determine the payoff and profit at time 1 of a bear spread: a written call with strike 150 and a purchased call with strike price 170 3. Using put options, construct a bull spread with the same profit as in part 1 4. Construct a box spread that has a certain payoff of 40 at time 1