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The current stock markets price of XYZ Inc. is $137. There are 1,009847 shares outstanding and the Financial Statements of the firm indicates $187 million

The current stock markets price of XYZ Inc. is $137. There are 1,009847 shares outstanding and the Financial Statements of the firm indicates $187 million as equity value. You have $13,700 to invest. As investment, you buy call options at $10 each on XYZ Inc. that expires int three months with exercise price $140. At what stock price level will the seller of the XYZ Inc. call option break even?

a. $137

b. $140

c. $150

d. $155

e. There is no break even possible in this setting

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