Question
An investor buys a call at a price of $4.70 with an exercise price of $42. At what stock price will the investor break even
An investor buys a call at a price of $4.70 with an exercise price of $42. At what stock price will the investor break even on the purchase of the call? (Round your answer to 2 decimal places.)
Break even price $
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Personal Finance
Authors: Jeff Madura
3rd Edition
0321357973, 978-0321357977
