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You buy one November $154 (strike) put on stock XYZ for an option premium of $7. Ignoring transactions costs and time value of money, what
You buy one November $154 (strike) put on stock XYZ for an option premium of $7. Ignoring transactions costs and time value of money, what is the break-even stock price of this position? Break even means zero profit / loss. Round your answer to 2 decimal
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