A Call Option Is Priced at $4

question 91

Multiple Choice

A call option is priced at $4.31 and has a strike price of $75. Even the stock price at expiration has risen to $78.32, what is the breakeven stock price?

• A) $75.00
• B) $79.31
• C) $78.32
• D) $70.69
• E) $82.63

---

Definitions:

Integrated Units

Military or organizational units composed of members from different racial, ethnic, or gender groups, especially significant in historical contexts of segregation.

Full Persons

Refers to the recognition of individuals' full legal and human rights, often discussed in contexts of civil rights and emancipation.

Philadelphia Convention

A meeting in 1787 in Philadelphia where the Constitution of the United States was drafted, marking a pivotal moment in American history.

James Forten

An African American abolitionist and wealthy businessman in the 18th and early 19th centuries who made significant contributions to the efforts to end slavery in the United States.