Question: CIO Question 18 4 pts Question A14-A18 are based on the information below On May 15,2019 at 10a.m. a stock traded at $80 per share

CIO Question 18 4 pts Question A14-A18 are based on the information below On May 15,2019 at 10a.m. a stock traded at $80 per share (St). At that early date, call and put options with different strike prices and one-year maturities were available all with the same expiration dates. Their prices were as shown below. (Assume that the quoted call/option prices did not change during that day's trading.) Strike Price Per Share Put Cost Per Share Call Cost $87.5 $9.75 $0.70 $85 $6.95 $1.05 $82.5 $3.50 $1.25 $1.50 $80 $0.12 A18. What is the break-even point of the stock price on a per share basis for the buyer of the call option with strike CI OD A18. What is the break-even point of the stock price on a per share basis, for the buyer of the call option with strike price (X) of $87.50? (a) $86.8 (b) $87.50 (c) $88.20 (d) $95.50. (e) cannot be determined from the information given
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