A speculator is considering the purchase of five three-month Japanese yen call options with a striking price of 96 cents per 100 yen. The premium is 1.35 cents per 100 yen. The shot price is 95.28 cents per 100 yen and the 90-day forward rate is 95.71 cents. The speculator believes the yen willappreciate to $1.00 per 100 yen over the next three months. As the speculator's assistant, you have been asked to prepare the following:

Question: Determine the future spot price at which the speculator will only break even.