Question: You can also construct a bull spread using put options. To do so, you buy a put and simultaneously sell a put at a higher

  1. You can also construct a bull spread using put options. To do so, you buy a put and simultaneously sell a put at a higher exercise price on the same stock with the same expiration. A put with a exercise price of $20 is available for $0.15 and a put with a exercise price of $25 is available for $1.59. draw a graph showing the payoff for the bullish spread.

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