Question: Consider call options on the same stock with the same maturity date. You bought two call options with strike prices of $52 and $85 for

Consider call options on the same stock with the same maturity date. You bought two call options with strike prices of $52 and $85 for $6.05 and $1.69, respectively, and sold two call options with a strike price of $68.5 for $2.56 each. This strategy is called a buttefly spread. Part 1 - Attempt 3/10 for 10 pts. What is your payoff if the stock price is $76.75 on the expiration date? 1;6 Submit Attempt 1/10 for 10 pts. Part 2 What is your profit if the stock price is $76.75 on the expiration date? 1+ decimals Submit Part 3 - Attempt 1/10 for 10 pts. What is your payoff if the stock price is $60.25 on the expiration date? 1+ decimals Submit Part 4 - Attempt 1/10 for 10 pts. What is your profit if the stock price is $60.25 on the expiration date? 1+ decimals Submit
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