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A 7-month call option contract on 100 shares of Home Depot common stock with a strike price of $59.95 can be purchased for $600. Assuming

A 7-month call option contract on 100 shares of Home Depot common stock with a strike price of $59.95 can be purchased for $600. Assuming that the market price of Home Depot stock rises to $75.56 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 $_____ (Round to the nearest cent.)

The 7-month holding period return is ___%. (Round to the nearest whole percent.)

The annual holding period return is ___%. (Round to the nearest whole percent.)

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