A stock is currently priced at $73.12. You enter a long straddle at a strike price of $75. The call premium is $4.10, and the put premium is $1.96. What is/are the breakeven stock price(s) ?
A) $72.86 and $77.14
B) $68.94 and $81.06
C) $79.18
D) $79.18 and $67.06
E) $81.06
Correct Answer:
Verified
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