Theo Paid a Total of $50 to Purchase 4 Call

question 104

Multiple Choice

Theo paid a total of $50 to purchase 4 call options with a strike price of $54. What is the break-even stock price?

• A)$12.50
• B)$25.00
• C)$23.63
• D)$54.13
• E)$56.32

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