An Investor Purchases a Call Option at a Premium of $1.25,with

An investor purchases a call option at a premium of $1.25,with an exercise price of $7.50 within three months.The holder of the option will:

A) be in-the-money if the market price of the shares reaches $6.25
B) only exercise the option if the current market price reaches or exceeds $8.75
C) exercise the option at any price above $7.50, if necessary.
D) break even at a market price of $7.50, and will exercise the option.