n NISM Certifications
NSM General NISM
Medium

A trader buys a USD Put at strike 58.50 with a ₹1.00 premium. What is the breakeven point?

Practice question from NISM Series I - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. 57.50

    Correct answer

  2. B

    59.50

  3. C

    58.50

  4. D

    60

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

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