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Lauri Mazurek Buys a Call Option on Piede Inc

Question 76

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

Correct Answer:

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