Assume that at t = 0 a stock has price S = $500 and that a call that matures at T with a strike price of

X = $500 has a premium C = $10.

Assume at the options maturity, t = T, that S_T = $500.

Assume that at t = 0 that investor #1 buys 100 shares of stock and sells them at t = T.

Assume that at t = 0 investor #2 buys one call option on the same stock & exercises it at t = T.

When investor #2 breaks even at T, what is the ROI (return on investment) for investor #1?

		10%
		0%
		5%
		2%