Question: please explain with steps one by one QUESTION 21 A speculator buys a call option for $4, with an exercise price of $52. The stock
please explain with steps one by one 
QUESTION 21 A speculator buys a call option for $4, with an exercise price of $52. The stock is currently priced at $30 and the price becomes 563 on the expiration date. What is the stock price at which the speculator would break even? For example, if the break-even price is $10, type 10 in the box below
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