There are three call options on the same stock with the same expiration date. The strike prices of the three call options are $35,$40, and $45. The call premims for the three options are $2,$4, and $7 respectively. Explain how a butterfly spread can be created. Please create the proft/ Loss graph for the strategy? Please mark your graph with correct stock prices and profit/loss at each turning point, cross-over point of the X-axis, like we did in class. For what range of stock prices would the butterfly spread lead to a loss? What is the profit/loss if the stock price onthe expiration date of the option is $28,$37,$43 or $ 48