Question
A $22 strike, three month call option on this stock is written by a market maker, $5.55 is the option's price. At the same time,
At the same time, one share of the underlying stock is bought by the market maker.
Calculate the final value of the stock price at which the market maker will break even?
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
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