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Stock XYZ is trading in the market at $85. Larry sold a call option with 3-months left before it expires on Stock XYZ. The call

Stock XYZ is trading in the market at $85. Larry sold a call option with 3-months left before it expires on Stock XYZ. The call option has a premium of $8 and strike price of $85.

At what expiration stock price for XYZ does Larry breakeven as a seller of the call option?

Group of answer choices

$8

$93

$85

$77

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