Question: While Pawan and Pablo were studying for their derivatives course exam, Pawan said, the maximum gain on long put position is unlimited. Pablo said, the

While Pawan and Pablo were studying for their derivatives course exam,
Pawan said, "the maximum gain on long put position is unlimited".
Pablo said, "the breakeven price for a short call position is equal to the call strike price plus the premium".
Who is correct?
Group of answer choices
Pawan and Pablo
Pawan
Pablo
Neither Pawan nor Pablo is correct.

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