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Nico Yong is considering the purchase of 100 Cisco Systems shares at $22 per share. Because the economy is picking up, Nico believes the demand for Oracle's router systems will increase substantially causing the price of Cisco's shares to increase to $30 per share. As an alternative, Nico is considering the purchase of a call option for 100 shares of Cisco at with an exercise price of $25. This 180 day option will cost Nico $200. Ignore transaction costs and dividends. By how much must the share price rise for Nico to break even on the option transaction?
Protozoans
Single-celled eukaryotic organisms, often parasitic, that can cause diseases in humans and other animals.
Proper Sanitation
Measures aimed at promoting health through prevention of human contact with the hazards of wastes by proper waste disposal and cleanliness.
Streptococci
A genus of coccus (spherical) bacteria that are often found in chains or pairs and can cause a variety of infections in humans and animals.
Chains
A series of connected links or rings typically made of metal used for fastening, pulling, bearing loads, or restraint.
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