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An investor is bearish on a particular stock and decided to buy a put with a strike price of $26. Ignoring commissions, if the option
An investor is bearish on a particular stock and decided to buy a put with a strike price of $26. Ignoring commissions, if the option was purchased for a price of $.75, what is the break-even point for the investor?
$26.75
$19.50
$25.25
$26.00
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