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wallyboy wallyboy
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2 years ago
Jason purchased a six-month put on ABC stock at a cost of $100. The strike price was $15. At what market price does Jason just break-even on this investment? Ignore transaction costs and taxes.

▸ $15

▸ $16

▸ $14

▸ cannot be determined from the information provided
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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fujiokifujioki
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2 years ago
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wallyboy Author
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2 years ago
Just got PERFECT on my quiz
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You make an excellent tutor!
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