THE MAXIMUM LOSS FROM A BULL SPREAD USING AUGUST PUTS WITH STRI...

50. - CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A
CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A

50. The maximum loss from a bull spread using August puts with strike prices of €30 and €25 is

closest to:

A. €1.96

B. €2.89

C. €3.04