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You believe the price of KO will increase from its current value of $52.34 in the future and are contemplating buying call options with a

image text in transcribed You believe the price of KO will increase from its current value of $52.34 in the future and are contemplating buying call options with a strike price of $54. The calls are currently selling for $2.67. What is the break-even price of the call? (The break-even price is the price above which you will start making a profit when exercising the call) Enter your answer to 2 decimal places eg if your answer is $1.23 enter as 1.23. If your answer is $1.00 enter as 1.00

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