Question: QUESTION 7 A speculator buys a call option for $3, with an exercise price of 551. The stock is currently priced at $32 and the
QUESTION 7 A speculator buys a call option for $3, with an exercise price of 551. The stock is currently priced at $32 and the price becomes 572 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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