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You want to construct a Bear spread using one call option with strike price of $60 and one call option with strike price of $80.

You want to construct a Bear spread using one call option with strike price of $60 and one call option with strike price of $80. The costs of these options are $33 and $16 respectively.

1: How much you will need to spend today to construct this Bear spread. Please, be specific about the sign (positive or negative)

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