Determine the one-year stock price

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Question - The price of a strike call option struck at $70 is $8.3 and the price of a call option struck at $80 is $2.7, where both options expire in one year and on the same under-lying asset. You long a one-year bull spread using these call options. If the amount of prot from the bull spread is 3, determine the 1-year stock price.

Reference no: EM132859841

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