Using these options what is the profitloss for a long bull


Assume that stock A is traded at $100 per share. A put option with an exercise price of $97 costs $3. A put option on the stock with the same expiration and an exercise price of $103 costs $7. Using these options what is the profit/loss for a long bull spread if the price at expiration of the options is quoted as $110 ?

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Financial Management: Using these options what is the profitloss for a long bull
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