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An investor purchases a long call at a price of $3.30. The exercise price is $51. If the current stock price is $51.10, what is

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An investor purchases a long call at a price of $3.30. The exercise price is $51. If the current stock price is $51.10, what is the break-even point for the investor? $54.40 $47.70 $54.30 $51.00

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