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Suppose you purchase one WFM May 100 call contract at $5 and write one WFM May 105 call contract at $2. Assume that each contract

Suppose you purchase one WFM May 100 call contract at $5 and write one WFM May 105 call contract at $2. Assume that each contract has 100 units. What is the lowest stock price at which you can break even?

Select one:

a. $104

b. None of the options

c. $103

d. $102

e. $101

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