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The premium on a euro put option is $0.04 per unit. The exercise price is $1.36. The break-even point is ____ for the buyer of
The premium on a euro put option is $0.04 per unit. The exercise price is $1.36. The break-even point is ____ for the buyer of the put. (Assume zero transactions costs and that the buyer and seller of the put option are speculators.)
Give you answer as $X.xx per unit. Use 2 decimal places. (with calculations and steps please)
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