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Identify three formation types available for defining the Invoice Format header.
A. non-labor
B. events
C. cpmtract
D. labor
Answer: B,C,D
NEW QUESTION: 2
Bubba buys one XYZ September 50 call at $7 and sells one XYZ September 60 call at $3. At that time,
XYZ stock is at $55. Bubba has no other stock positions. What is Bubba's maximum possible profit?
A. $1,000
B. $600
C. unlimited
D. $500
Answer: B
Explanation:
$600. The maximum profit is the difference between strike prices less the debit amount. The
debit amount is $4 ($7 - $3). The difference between strike prices is $10 ($60 - $50). Multiply the $6
difference by 100, which is the number of shares on one option.
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