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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
You are cautiously bullish on the common stock of the Wildwood Corporation 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: Underlying Stock price: Wildwood Corporation Strike June $ 57.00 $62.00 $67.00 Expiration June June Call $9.70 $62.00 $ 5.10 $ 2.60 Put $2.60 $ 4.20 $ 8.70 Suppose you establish a bullish money spread with the puts. In June the stock's price turns out to be $64. Ignoring commissions, the net profit on your position is Mutiple Choice O 5748 5540 O $110 $200
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