The premium on a euro put option is £0.02 per unit. The exercise price is £0.68. The break-even point is ____ for the buyer of the put, and ____ for the seller of the put. (Assume zero transactions costs and that the buyer and seller of the put option are speculators.)
A) £0.66; £0.68.
B) £0.70; £0.66
C) £0.68; £0.70
D) £0.70; £0.68
E) None of the above
Correct Answer:
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