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You are cautiously bullish on the common stock of the Wildwood Corporation over the next...

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Finance

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You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $66 per share. You want to establish a bullish money spread to help Ilmit the cost of your option position. You find the following option quotes: Wildwoood Corp Underlying Stock price: $66.00 Expiration Strike Call Put 61.00 June 10.10 2.80 June 66.00 5.30 4.60 71.00 June 2.80 9.10 Suppose you establish a bullsh money spread with the puts. In June the stock's price turns out to be $70. Ignoring commissions, the net profit on your position is Multiple Choice $530 O $964 O $400 $564 Prey 13 of 56 !!! Next >

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