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. You plan on using the following two call options to construct a vertical debit spread. The first call has a strike price of $100

. You plan on using the following two call options to construct a vertical debit spread. The first call has a strike price of $100 and a premium of $5. The second has a strike of $110 and a premium of $3. Both calls are on the same stock and have the same expiry. What is your maximum profit from this spread?

a. $2

b. $5

c. $8

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