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

$507.

Assuming that the market price of Home Depot stock rises to

$65.86

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

$