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AlekseyPX
2 years ago
11

An investor purchases a long call at a price of $3.05. The strike price at expiration is $46. If the current stock price is $46.

10, what is the break-even point for the investor?
a. $32.50
b. $35.00
c. $37.50
d. $37.60
Business
1 answer:
Evgen [1.6K]2 years ago
6 0

Answer: $49.05

Explanation:

The call was purchased at $3.05 and the strike price at expiration is $46. The total expenses at expiration is:

= 46 + 3.05

= $49.05

To make a profit, the stock price will have to be above $49.05 which makes it the breakeven point.

<em>Option not included. </em>

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Answer:

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Explanation:

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Historical cost of the securities held for sale = Market Value of the Securites + Cummulative unrealized losses

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Historical cost of the securities held for sale = $69,670

Securities Held for sale are recorded at the fairmarket value and its losses are accumulated. By adding cummulative losses of security to Maerket value of security we can calculate historical cost of the security.

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ABC opened for business on January 1, 2018, and paid for two insurance policies effective that date. The liability policy was $5
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Thus,

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2 years ago
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3 years ago
What is the first step in consumer decisions-making process?
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3 years ago
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Answer:

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