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You purchased a call option for $3.45 17 days ago. The call has a strike price of $45, and the stock is now trading for

  1. You purchased a call option for $3.45 17 days ago. The call has a strike price of $45, and the stock is now trading for $51. If you exercise the call today, what will be your holding-period return? If you do not exercise the call today and it expires, what will be your holding-period return?

please show calculations

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