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ivolga24 [154]
3 years ago
11

An investor is bearish on a particular stock and decided to buy a put with a strike price of $44. Ignoring commissions, if the o

ption was purchased for a price of $.93, what is the break-even point for the investor
Business
1 answer:
STALIN [3.7K]3 years ago
5 0

Answer:

$43.07

Explanation:

Strike price of Put Option = $44

Option purchased price = $0.93

Break-even point for the investor = [Strike price - Put Option purchased price}

= $44 - $0.93

= $43.07

Therefore, the Break-even point for the investor is $43.07

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