What is higher break even point

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Consider:(a) Stock trades for $100; (b) Calls with exercise prices of $90, $100, and $110 trade at prices of $18, $10.54, and $6.27 respectively.

If a person buys a $90 call, writes two $100 calls, and buys a $110 call, what is her higher break even point? Please answer correctly up to two decimal places.

Reference no: EM132804684

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