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You purchased a put option on a share of Facebook stock with an exercise price(X) of $65 per share for $4 (put option price, PO=$4

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You purchased a put option on a share of Facebook stock with an exercise price(X) of $65 per share for $4 (put option price, PO=$4 ). Assume that today is the expiration date of the option and the stock price is currently $70 per share. What is the break-even point stock price (ST) that makes the net payoff equal to zero at the expiration date(T)? $74 $69 $61 $66 You purchased a put option on a share of Facebook stock with an exercise price(X) of $65 per share for $4 (put option price, PO=$4 ). Assume that today is the expiration date of the option and the stock price is currently $70 per share. What is the break-even point stock price (ST) that makes the net payoff equal to zero at the expiration date(T)? $74 $69 $61 $66

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