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Question 7: Break-even point for call: An investor purchases a long call at a price of $3.45. The strike price at expiration is $54. If

Question 7: Break-even point for call: An investor purchases a long call at a price of $3.45. The strike price at expiration is $54. If the current stock price is $54.10, what is the break-even point for the investor? $57.55 $50.55 $57.45 $54.00

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