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24. Boricua stock is currently trading at a market price (S) of $95. You do not own the stock, but you have an options strategy
24. Boricua stock is currently trading at a market price (S) of $95. You do not own the stock, but you have an options strategy in place. You are long a put option on 1 share with a strike price (X) of $92 and a long call option with a strike price (X) of $97. The put option's premium was $5. The call option's premium was $6. What is (are) the stock price(s) where this strategy breaks even? Multiple answers may be correct. Choose all answers that are true. * $77 $81 $84 $87 $91 $97 $103 \$106 $108 $112 $113
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