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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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
