Question: Please, answer the below question with showing the entire steps very clearly. You expect the price of the stock to rise but in a range

Please, answer the below question with showing the entire steps very clearly.

Please, answer the below question with showing the entire steps very clearly.

You expect the price of the stock to rise but in a range of 36 to 43 during the next 6 months. A call option with exercise price of 35 has a premium (price) of 3 and a call option at exercise price of 45 has a premium (price of 1.50. a) Design an option spread (bull call spread) and calculate the net payment for it. b) Calculate the maximum loss c) Calculate the maximum gain

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