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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

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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 $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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