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A 7 -month call option contract on 100 shares of Home Depot common stock with a strike price of $ 50.10 can be purchased for

A

7

-month

call option contract on 100 shares of Home Depot common stock with a strike price of

$ 50.10

can be purchased for

$ 504

.

Assuming that the market price of Home Depot stock rises to

$ 65.96

per share by the expiration date of the option, what is the call holder's profit? What is the holding period return?

The profit this option would generate over the

7

-month

holding period is

$nothing

.

(Round to the nearest cent.)

The

7

-month

holding period return is

nothing

%.

(Round to the nearest whole percent.)

The annual holding period return is

nothing

%.

(Round to the nearest whole percent.)

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