A speculator purchases a put option for a premium of 4 with
A speculator purchases a put option for a premium of $4 with an exercise price of $30. The stock is presently priced at $29 and rises to $32 before the expirtation date. What is the stock price at which the speculator would break even?
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a speculator purchases a put option for a premium of 4 with an exercise price of 30 the stock is presently priced at 29
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