Question
An investor buys a call at a price of $5.30 with an exercise price of $48. At what stock price will the investor break even
An investor buys a call at a price of $5.30 with an exercise price of $48. 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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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
