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Krista owns put option contracts on Behrend stock. The contracts have a $22.50 strike price and she paid an option premium of $0.35 per share.
Krista owns put option contracts on Behrend stock. The contracts have a $22.50 strike price and she paid an option premium of $0.35 per share. What is her break-even stock price (i.e. the stock price that she'd earn zero profit)? $22.50 $22.70 $22.15 $23.20
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