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You create a bear spread by using a total of 200 9-month puts with strike prices of $35 and $40. These puts cost $4 and

  1. You create a bear spread by using a total of 200 9-month puts with strike prices of $35 and $40. These puts cost $4 and $6. What is your maximum potential profit?

    A.

    $400

    B.

    $500

    C.

    $300

    D.

    $600

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