Question: Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You plan to construct a bull call spread using the $110 strike and the

Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You plan to construct a bull call spread using the $110 strike and the $115 strike. You are only buying one of each respective option contract. What is your max profit? State your answer in total dollar terms (i.e., total out-of-pocket cost not factoring transaction costs), not contract-level terms. Your answer should be a dollar amount with two decimal places of accuracy

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