Question: You decide to design a bear spread with two call options : write the call struck at x1= $50 trading at c1= $12, buy the

You decide to design a bear spread with two call options : write the call struck at x1= $50 trading at c1= $12, buy the call struck x2= 70 trading at c2=$4. What will be the profit from your strategy on the expiration day if the underlying stock trades at $45

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