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The price of a stock is $40. The price of a one-year European put option...

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Finance

The price of a stock is $40. The price of a one-year European put option on the stock with a strike price of $30 is quoted as $6 and the price of a one-year European call option on the stock with a strike price of $50 is quoted as $8.60. Suppose that an investor buys 100 shares, shorts 100 call options, and buys 100 put options. At what stock price will the investor break even?

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