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An investor purchases a long call at a price of $3.50. The expiration price is $35. If the current stock price is $35.25, what is

An investor purchases a long call at a price of $3.50. The expiration price is $35. If the current stock price is $35.25, what is the break-even point for the investor? $38.75 $31:50 $38.50 $31.75

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