Question
An investor buys a call at a price of $5.60 with an exercise price of $51. At what stock price will the investor break even
An investor buys a call at a price of $5.60 with an exercise price of $51. At what stock price will the investor break even on the purchase of the call?(Round your answer to 2 decimal places.)
Break even price$
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Statistical Reasoning For Everyday Life
Authors: Jeff Bennett, William Briggs, Mario Triola
5th Edition
9780134494043
