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A7-month call option contract on 100 shares of Home Depot common stock weth a strive price of $50.15 can be purchased for $519. Assuming that
A7-month call option contract on 100 shares of Home Depot common stock weth a strive price of $50.15 can be purchased for $519. Assuming that the market price of Home Dypot stock rises to $65.03 per thare by the expiration date of the option, what is the cal holder's profit? What is the holding period return? The proft this option would generate over the 7 -month holding period is : (Round to the nearest cent)
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