SIE - Securities Industry Essentials Exam

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The amount that is paid for a call vertical spread is the difference between

The premium paid for the long call and the premium received for the short call
A
The premium paid for the short call minus the strike price
B
The premium received for the long call and the strike price
C
The premium received for the long call and the premium paid for the short call
D
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Explanations

The premium paid for the long call minus the premium received for the short call equals the amount that is paid for the vertical spread.

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