Question: You write a call option with X = 40 and buy a call with X = 50. The options are on the same stock and

 You write a call option with X = 40 and buy

You write a call option with X = 40 and buy a call with X = 50. The options are on the same stock and have the same expiration date. One of the calls (X = 50) sells for 3exist, the other sells or exist9 Draw the payoff graph for this strategy at the option expiration date. What is the break-even point for this strategy

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