Question: Suppose that call options on a stock with strike prices of $30 and $35 cost $6.9 and $3.8, respectively. Use these options to construct a

Suppose that call options on a stock with strike prices of $30 and $35 cost $6.9 and $3.8, respectively. Use these options to construct a bear spread (\_). What is the profit of the strategy if the stock price is 35 at expiration? (required precision: 0.01 +/- 0.01)

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