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What is the break-even point for a long position on a call option, withan option price of $2.50, exercise price of $35, and the current
What is the break-even point for a long position on a call option, withan option price of $2.50, exercise price of $35, and the current stock price of $38?
Multiple Choice
a) $32.50
b) $37.50
c) $40.5
d) $35.50
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