Lauri Mazurek Buys a Call Option on Piede Inc

question 2

Multiple Choice

Lauri Mazurek buys a call option on Piede Inc.Currently Piede Inc.trades at $65 per share.The call option she buys has a strike price of $70 and has a premium of $4.What is Mazurek's breakeven price?

• A) $66
• B) $70
• C) $69
• D) $74

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Definitions:

Sensation

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment, serving as the foundation for perception.

Physical Energy

The capacity to do work, which manifests in forms such as kinetic, potential, thermal, electrical, chemical, and nuclear energy.

Physical Objects

Items that occupy space and have mass, as opposed to abstract concepts or digital entities.

Perception

The process of organizing and interpreting sensory information, enabling us to recognize meaningful objects and events.