Nine-month put options with strike prices of $55 and $60 cost $4 and $7, respectively. What is

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Nine-month put options with strike prices of $55 and $60 cost $4 and $7, respectively. What is the maximum gain when a bear spread is created by trading a total of 200 options?

Select one:

a. $100

b. $200

c. $300

d. $400

Related Book For answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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Posted Date: Jul 14, 2022 03:24 AM

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Nine-month put options with strike prices of $55 and $60 cost $4 and $7, respectively. What is

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Precalculus

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