Question: Question 13 (1 point) A trader creates a long butterfly spread from options with strike prices $60, $65, and $70 by trading a total of

Question 13 (1 point) A trader creates a long butterfly spread

Question 13 (1 point) A trader creates a long butterfly spread from options with strike prices $60, $65, and $70 by trading a total of 800 options. The options are worth $10.00, $15.00, and $17.75. What is the maximum net gain (after the cost of the options is taken into account)? Round your answer to 2 decimal places

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