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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 $50

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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 $50 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 Expiration June June June Underlying Stock price: $50.00 Strike Call Put 45.00 8.50 2.00 50.00 4.50 3.00 55.00 2.00 7.50 If in June the stock price is $53, your net profit on the bull money spread (buy the 45 call an call) would be the 55 Multiple Choice $50 O -$400 $150

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