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How Much Must the Stock Be Worth at Expiration in Order

question 9

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How much must the stock be worth at expiration in order for the buyer of a call option to break even if the exercise price is $50 and the cost of the call was $4?


Definitions:

-oid

A suffix used in English to create adjectives meaning "like or resembling," often used in scientific terminology.

Mind

The aspect of intellect and consciousness experienced as combinations of thought, perception, memory, emotion, will, and imagination.

-derma

A suffix in medical terms indicating skin or a skin-related condition.

Skin

The body's largest organ, which protects us from microbes and the elements, helps regulate body temperature, and permits the sensations of touch, heat, and cold.

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