The warrants of Integra Life Sciences allow the holder to buy a share of stock at $14.75 and are selling for $5.75. The stock price is currently $13.50. To what price must the stock go for the warrant...

Extracted text: The warrants of Integra Life Sciences allow the holder to buy a share of stock at $14.75 and are selling for $5.75. The stock price is currently $13.50. To what price must the stock go for the warrant purchaser to at least be assured of breaking even? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Breakeven price