Question: Question 5 1 pts Suppose that call options on a stock with strike prices of $30 and $35 cost $7.0 and $4.1, respectively. Use these

 Question 5 1 pts Suppose that call options on a stock

Question 5 1 pts Suppose that call options on a stock with strike prices of $30 and $35 cost $7.0 and $4.1, respectively. Use these options to construct a bear spread().What is the profit of the strategy if the stock price is 28 at expiration? (required precision: 0.01 +/- 0.01)

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