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If you purchase a call option with a strike price of 45 for 7.75 and sell a call option with a strike price of 50
If you purchase a call option with a strike price of 45 for 7.75 and sell a call option with a strike price of 50 for 3.50 at what stock price do you break even?Assume the options are European and they each have a maturity of one year.
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