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An investor purchases a 54 strike PUT for 2.20 per share and shorts (writes) a 50 strike PUT for 1.20. What is the breakeven on

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An investor purchases a 54 strike PUT for 2.20 per share and shorts (writes) a 50 strike PUT for 1.20. What is the breakeven on this combination trade? 49.00 52.45 54.00 56.20

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