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What price of bhp at the expiry date of the options would

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Reference no: EM132921271

Problem 1: If you construct a Long Put Butterfly Spread using $37, $35 and $33 strike prices of BHP shares. At what price of BHP at the expiry date of the options would the maximum profit from this strategy occur?

Group of answer choices

Option 1: $37

Option 2: $35

Option 3: $33

Option 4: $33

Reference no: EM132921271

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