What is the value of an investor's (well diversified) portfolio following a fall in the S&P/ASX Index from 7300 to 6050, if the initial portfolio value was $30 million and the investor used S&P/ASX 200 Index futures contracts to hedge the portfolio? Darcy Enterprises shares currently trade at $3.10. An investor enters into a call option on Darcy's shares with an exercise price of $3.30 per share in two months, and a premium of $0.55 per share. What is the breakeven price of the option.