Jeff paid a call premium of $0.60 when he purchased his call option with a strike price of $22.00.What is the break-even stock price?
A) $0.00
B) $0.25
C) $22.25
D) $22.60
E) $22.75

Name: Jeff paid a call premium of $0.60 when he purchased his call option with a strike price of $22.00.What is the break-even stock price? A) $0.00 B) $0.25 C) $22.25 D) $22.60 E) $22.75
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Break-even stock price = $22.00 + $0.60 = $22.60

Jeff Paid a Call Premium of $0