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  3. an investor purchases a long call at a price of $2

An investor purchases a long call at a price of $2.85. The strike price at...

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An investor purchases a long call at a price of $2.85. The strike price at expiration is $42. If the current stock price is $42.10, what is the break-even point for the investor? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Multiple Choice $44.85 O $42.00 O $44.95 o O $39.15

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