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The premium on a pound put option is $.04 per unit. The exercise price is $1.60. The break-even point isfor the buyer of the put,
The premium on a pound put option is $.04 per unit. The exercise price is $1.60. The break-even point isfor the buyer of the put, andfor the seller of the put. (Assume zero transactions costs and that the buyer and seller of the put option are speculators.) a. $1.64; $1.56 b. $1.64; $1.64 O c. $1.56; $1.56 O d. $1.56; $1.60
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