n NISM Certifications
NSM General NISM
Medium

A person buys a USD call option with a strike of 72, paying a premium of INR 0.65. What is the breakeven point?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    73.30

  2. 72.65

    Correct answer

  3. C

    71.35

  4. D

    72.00

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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