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Consider a put with a strike price of $20 and a premium of $4. If the stock price is currently $18, what is the breakeven
Consider a put with a strike price of $20 and a premium of $4. If the stock price is currently $18, what is the breakeven price for the buyer of the put?
(Select the best answer below.)
A. $16
B. $22
C. $24
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