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a trader creates a long butterfly spread from options with strike prices x, y, and z, where x < y < z, and y is exactly midway between x and z. a total of 400 options are traded. the difference between x and y is $13. the difference in the prices of the options with strike prices of z and y is $5.03. the difference in the prices of the options with strike prices of y and x is $6.67. what is the maximum net gain (after the cost of the options is taken into account)
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a trader creates a long butterfly spread from options with strike prices x, y, and z, where x < y...
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