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1A) B) The following price quotations are for exchange-listed options on Primo Corporation common stock. Company Strike Expiration Call Put Primo 61.12 55 Peb 7.24

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The following price quotations are for exchange-listed options on Primo Corporation common stock. Company Strike Expiration Call Put Primo 61.12 55 Peb 7.24 0.48 With transaction costs ignored, how much would a buyedhave to pay for one call option contract. Assume each contract is for 100 shares. Amount for one call option An investor buys a call at a price of $5.70 with an exercise price of $52. At what stock price will the investor break even on the purchase of the call? (Round your answer to 2 decimal places.) Break even price

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