On Wednesday, March 29, 2001, Microsoft stock closed at a price of $107 3 16 per share. The Microsoft July call with a striking price of $110 closed at a price of $11 1 4 per share. Assume that you purchased this call on March 29 at the $11 1 4 closing price. You expect to hold the option until the July 21 expiration date before deciding whether to exercise. Over what price range for Microsoft stock will it be rational to exercise the call option on its July 21 maturity date? (Ignore commissions and any other transaction costs.)