Question: 4. Three put options on a stock have the same expiration date and strike prices of $55, $60, and $65. The market prices are $5,

4. Three put options on a stock have the same
4. Three put options on a stock have the same expiration date and strike prices of $55, $60, and $65. The market prices are $5, $7, and 510, respectively. Create a butterfly spread using these options. Construct a cash flow table showing the profit from the strategy (ignoring interest}. For what range of stock prices would the butterfly spread lead to a loss

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