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At the time it underlying stock is trading at 48, Bubba buys a listed call...

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At the time it underlying stock is trading at 48, Bubba buys a listed call option with a $50 strike price for $300. At what minimum price must that stock trade for Bubba to recover his investment (ignoring commission and taxes)?

A.

$45

B.

$48

C.

$51

D.

$53

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