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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 $64

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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 $64 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: Wildwoood Corp Underlying Stock price: $64.00 Expiration Strike Call Put 59.00 June 9.90 2.70 64.00 5.20 4.40 June 69.00 2.70 8.90 June Suppose you establish a bullish money spread with the puts. In June the stock's price turns out to be $66. Ignoring commissions, the net profit on your position is Multiple Choice

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