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You Purchased 5 Put Option Contracts on Mountain Builders Stock

Question 90

Multiple Choice

You purchased 5 put option contracts on Mountain Builders stock at an option premium of $0.65.The strike price is $25.What is your break-even stock price?


A) $19.90
B) $24.35
C) $25.00
D) $25.75
E) $30.10

Correct Answer:

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