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A 8-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
A 8-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 $65.03 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 8-month holding period is $989. (Round to the nearest cent.) The 8-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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