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Question 23 Questions (A20-A23) are based on the information that follows. Carbax Corp. stock trades (S) at $75 per share. Possible year end values are

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Question 23 Questions (A20-A23) are based on the information that follows. Carbax Corp. stock trades (S) at $75 per share. Possible year end values are Sor=$48 and SUT =$118;r=.08. T = 1 year from now =time to maturity. Call and put options with the same strike price and expiration dates are available. The quoted option prices are given below. Strike Price Per Share Put Cost Per Share Call Cost $78 $17.54 A23. What is the break-even point for a call option buyer, on a per share basis? (a) $60.46 (b) $63.49 (c) $65.00 (d) $95.54 (e) $68.00

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