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The spot price is $1.35/pound. Then a pound call with a strike price of $1.40/pound is priced $0.06/pound (i.e., option premium). What is the breakeven

The spot price is $1.35/pound. Then a pound call with a strike price of $1.40/pound is priced $0.06/pound (i.e., option premium). What is the breakeven spot exchange rate?

A. $1.35/pound

B. $1.46/pound

C. $1.34/pound

D. $1.41/pound

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