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Eva Swanepoel bought shares of H Corporation. It has a market price of R 9 2 and a strike price of R 9 5 .

Eva Swanepoel bought shares of

H

Corporation. It has a market price of R

92

and a strike price of R

95 .

She also bought a call for a premium of R

3 .

What is the breakeven value and profit for the call holder, if the market price increases to R

110 ?

.

95

12

. R 95

20

.

98

12

. R 98

20

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