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6. You purchase one IBM 70 call option for a premium of $6. Ignoring transaction costs, the break-even price of the position is a. $93

6. You purchase one IBM 70 call option for a premium of $6. Ignoring transaction costs, the break-even price of the position is a. $93 b. $64 c. $76 (1. $70 e. None of these is correct

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