Question: Chloe invested? $500 by purchasing 50 call options for XYZ stockat ?$85 per share. At its highest? point, the stock reached $ 97per share. If

Chloe invested? $500 by purchasing 50 call options for XYZ stockat ?$85 per share. At its highest? point, the stock reached $ 97per share. If Chloe had exercised her option at that? time, whatwould her return have? been??

A. 500%
B. 970%
C. 120%
D. 20%
E. 83.3%

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