Question: You purchase one IBM 2 0 0 ( exercise price is $ 2 0 0 ) call option for a premium of $ 6 .

You purchase one IBM 200(exercise price is $200) call option for a premium of $6. Ignoring transaction costs, the break-even price of the position is
$194.
$228.
$206
$211
You purchase one IBM 2 0 0 ( exercise price is $

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