2. Three call options on a stock have the same expiration date and strike prices of $37, $39, and $41. The option premiums are $2, $4, and $8. a. Explain how a long butterfly spread can be created.

b. Construct a table & a diagram showing the profit from the strategy.

c. For what range of stock prices would the long butterfly spread lead to a profit/loss?

step-by-step explanation:

the multiplicative inverse of a fraction a/b is b/a. for the multiplicative inverse of a real number, divide 1 by the number. for example, the reciprocal of 5 is one fifth 1/5 or 0.2, and the reciprocal of 0.25 is 1 divided by 0.25, or 4.

answer: approximately 206 bones

i hope this u out a branlist and a would be greatly appreciated :

14.3

step-by-step explanation:

add all the numbers together.

9 + 12 + 15 + 16 + 17 + 17 = 86

now, divide 86 by how many numbers we have: 6.

86 / 6 = 14.3