Question: Consider: ( a ) Stock trades for $ 1 0 0 ; ( b ) Puts with exercise prices of $ 9 0 , $
Consider: a Stock trades for $; b Puts with exercise prices of $ $ and $ trade at prices of $ $ and $ respectively. If a person buys a $ put and writes a $ put, at what price will she break even? Please answer correctly up to two decimal places.
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