Question: Question Completion Status: Moving to another question will save this response. Question 6 of 8 >> Question 6 20 points Save Answer You are neutral

 Question Completion Status: Moving to another question will save this response.

Question Completion Status: Moving to another question will save this response. Question 6 of 8 >> Question 6 20 points Save Answer You are neutral on the market and considering setting up butterfly options strategy. You have the following information: A one month call with strike price of $60 costs $6. A one month call with strike price of $62.5 costs $4, and A one month call with strike price of $65 costs $3. You will use these options to build a butterfly spread. a. What is the cost to set up this strategy? (sample answer: $8.50) b. What is the highest profit of this strategy? (sample answer: $8.50) What is the maximum loss of this strategy? I (sample answer: $8.50) d. What is the profit if the stock close at $61 on For Blank 3 (samolo answer. 8.50) e. What is the profit if the stock close at $62 on expiration? (sample answer: $8.50) Moving to another question will save this res Question 6 of 8 MacBook Pro

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