You are given the following information about 50-strike and 60-strike European put options with the same stock

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You are given the following information about 50-strike and 60-strike European put options with the same stock and time to expiration:

Strike price 50 60 Elasticity -4.9953 -3.4267 Put premium 3.7295 9.5865

Calculate the elasticity of a 50-60 European put bull spread.

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