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6. ABC stock is currently trading at a market price (S) of $50. You do not own the stock, but you are short a call

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6. ABC stock is currently trading at a market price (S) of $50. You do not own the stock, but you are short a call option on 1 share with a strike price (X) of $55. The option premium (cost/proceeds) was $1.50. What is the strategy's break-even? * (5 Points) 56.50 51.50 53.50 48.50

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