You purchased a call option for $2.50 two weeks ago. The call has a strike price of $65 and the stock is now trading for 68.05. If you exercise the call today, what will be your holding period return and effective annual return?

a.

26%; 38,524.53%

b.

22%; 17,493.64%

c.

26%; 40,603.73%

d.

None of the options.

e.

22%; 18,804.01%