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An investor is bearish on a particular stock and decided to buy a put with a strike price of $30. Ignoring commissions, if the option

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An investor is bearish on a particular stock and decided to buy a put with a strike price of $30. Ignoring commissions, if the option was purchased for a price of $3.45, what is the break-even point for the investor? A. $26.55 B. $30.45 C. $25.55 D. $33.45

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