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The premium on a pound put option is $.03 per unit. The exercise price is $1.62. The break-even point is ____ for the buyer of
The premium on a pound put option is $.03 per unit. The exercise price is $1.62. The break-even point is ____ for the buyer of the put, and ____ for the seller of the put. (Assume zero transactions costs and that the buyer and seller of the put option are speculators.) a. $1.65; $1.65 b. $1.59; $1.59 c. $1.63; $1.57 d. $1.57; $1.57
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