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In investor is considering purchasing Apples stock for $150 per share. The investor is optimistic (bullish) that the price will increase to $155 by August
In investor is considering purchasing Apples stock for $150 per share. The investor is optimistic (bullish) that the price will increase to $155 by August 19 (appx one month) and decides to buy (long) a call option for $3.95 per share.
What is the breakeven value of this potential investment?
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