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Consider the same example as in class: you have $7000, one Microsoft share costs $70 and a European call option with X=$70 and 1-year maturity

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Consider the same example as in class: you have $7000, one Microsoft share costs $70 and a European call option with X=$70 and 1-year maturity costs $10. The interest rate is R=0%. You buy 100 of these calls and invest the rest in 1-year zero coupon bonds. What is your realized HPR if the stock price ends up at S=$85? HPR = __% (answer a number with 1 decimal, e.g., 1.2) AJ

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