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Shares of VersaLife Corporation are currently trading for $30. Call options on VersaLife Corporation shares, which expire in six months with a strike price of

Shares of VersaLife Corporation are currently trading for $30. Call options on VersaLife Corporation shares, which expire in six months with a strike price of $20, are trading for $15. A trader buys one call option contract. Assume that there is one share per contract. At maturity, what is the payoff to the call option holder if the stock price is $30?

a 20

b 0

c 10

d -10

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