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10. Elliana paid a premium of $2.70 for a put option on the stock of Danna's Decent Decorations, Co., with an exercise price of $202.00.
10.
Elliana paid a premium of $2.70 for a put option on the stock of Danna's Decent Decorations, Co., with an exercise price of $202.00. The break-even point for this option corresponds to a stock price for Danna's Decent Decorations, Co. of : Select one:
a. $74.81
b. $204.70
c. insufficient information to determine
d. $199.30
e. $197.95
f. $196.60
g. $135.71
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