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You purchase one RNR 75 call option for a premium of $3. Ignoring transaction costs, the break-even price of the position is Hint: at what

You purchase one RNR 75 call option for a premium of $3. Ignoring transaction costs, the break-even price of the position is

Hint: at what price you make zero net profit?

A. $78

B. $3

C. $72

D. $75

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