A trader creates a spread by selling a 6-month put option with a $17.00 strike price for $1.35 and buying a 6- month put option with a $20.00 strike price for $2.60. Question 19 Correct Mark 2.00 out of 2.00

The initial cost to set up the strategy is $? your answer will be incorrect.

The breakeven share price for the strategy is $ places, or your answer will be incorrect . Give your answer correct to two decimal places, or ? . Give your answer correct to two decimal

This strategy is called a ? (Bear/Bull) spread.