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Consider a certain butterfly spread on AAPL: this is a portfolio that is long one...

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Consider a certain butterfly spread on AAPL: this is a portfolio that is long one call at $150, long one call at $170, and short 2 calls at $160. Assume expiration of all options is at the same time $T=1$. If today the calls cost $10.00, $5.00, and $3.00 for the strikes at 150, 160, and 170, respectively, what will be the profit or loss from buying this spread if the stock turns out to be trading at $155 at time $T$? Assume the risk-free rate is 5%. a. 1.85 b. 2 C. 1.68 d. 2.85

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