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An investor purchases a long call at a price of $2.65. The strike price at expiration is $38. If the current stock price is $38:10,

An investor purchases a long call at a price of $2.65. The strike price at expiration is $38. If the current stock price is $38:10, what is the break even point for the investor? Multiple Choice $40.75 $38.00 $35.35 $40.65

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