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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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