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?

Multiple Choice

a.173.9%, 100%

b.73.9%, 100%

c. 57.5%, 173.9%

d.73.9%, 57.5%

e.100%, 100%