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You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $51

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You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $51 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 Underlying Stock price: $51.00 Expiration Strike Call Put June 46.00 8.60 2.05 June 51.00 4.55 3.10 June 56.00 2.05 7.60 Suppose you establish a bullish money spread with the puts. In June, the stock's price turns out to be $54. Ignoring commissions, the net profit on your position is how much

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