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Option Strategies 1 Microsoft stock is trading at $107. A call option expiring in two months has a strike price of $117.00 and is trading

Option Strategies 1

Microsoft stock is trading at $107. A call option expiring in two months has a strike price of $117.00 and is trading at a premium of c=$2.74. At what expiration-date stock price would a covered call writer break even?

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