Question: . A trader creates a long butterfly spread from call options with strike prices $60,$65, and $70 by trading a total of 400 options. The

. A trader creates a long butterfly spread from call options with

A trader creates a long butterfly spread from call options with strike prices $60,$65, and $70 by trading a total of 400 options. The call options are worth $11,$14, and $18. What is the maximum net loss (after the cost of the options is taken into account)? Select one alternative: $300 $100 $400 $200 A trader creates a long butterfly spread from call options with strike prices $60,$65, and $70 by trading a total of 400 options. The call options are worth $11,$14, and $18. What is the maximum net loss (after the cost of the options is taken into account)? Select one alternative: $300 $100 $400 $200

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