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

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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 $65 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes: Wildwood Corporation Expiration June June June Underlying Stock price: $65.00 Strike Call Put $ 60.00 $ 10.00 $ 3.50 $ 65.00 $ 5.25 $ 4.50 $ 70.00 $ 2.75 $ 9.00 Ignoring commissions, the cost to establish the bull money spread with calls would be Multiple Choice $475 O $1,275 O $475 income rather than cost O $725

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