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5.A Jan 17, 2021, GM 40 strike put option has a premium of 4.30. GM shares are trading at 38.21. The quoted risk-free rate is

5.A Jan 17, 2021, GM 40 strike put option has a premium of 4.30. GM shares are trading at 38.21. The quoted risk-free rate is 1.45% on a discount basis. The spot price of oil is 55.70, and the 3-month forward future contract is 54.32. The GBP/USD spot is 1.2601, but the 3 months forward is 1.2632. What is the breakeven price for this stock option contract?

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