An investor has two investment choices. First, he/she could buy 100 shares of stock for $50 per share. Second, he/she could buy 1000 European call options on the stock with a strike price of $44 for $5 per option. For second choice to give a better outcome than the first choice at option maturity, the stock price must be above a certain level. How much is this level? Note: In your answer, (1) only input numerical value with 2 decimal points, and (2) do not input unit or symbol, such as $, km", and "%". For example, if your answer is 22.20 dollar, present your answer as 22.20, but not $22.20. Answer: 49.50 The correct answer is: 48.89