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17. You are considering a butterfly spread for ZEUS (Olympic Steel) currently trading for $17.67...

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17. You are considering a butterfly spread for ZEUS (Olympic Steel) currently trading for $17.67 per share ask. You study these quotes: The one with the highest MAXIMUM payoff, regardless of probability is the[long/short], [call/put] butterfly, with the payoff of [amount]. (Round dollar answer to the nearest dollar)

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