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A put option on Euro has a strike price of $1.05/ and a cost of $0.02. What is the breakeven price for the option? a.

A put option on Euro has a strike price of $1.05/ and a cost of $0.02. What is the breakeven price for the option?

The answer depends upon if this is a long or a short call option.

$1.05/

$1.07/

$1.03/

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