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You are cautiously bullish on the common stock of EXTREME INC over the next several months. The current price of the stock is $62 per

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You are cautiously bullish on the common stock of EXTREME INC over the next several months. The current price of the stock is $62 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: EXTREME INC Underlying Stock price: $62.00 Expiration Strike 57.00 Call Put 9.70 2.60 June 62.00 June 5.10 4.20 67.00 June 2.60 8.70 Suppose you establish a bullish money spread with the puts. In June the stock's price turns out to be 564. Ignoring commissions, the net profit on your position is Multiple Choice S548

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