What does Frodo do with the Ring in the end?

Answer Claims it as his own

Although Frodo has managed to deflect the corruptive nature of the Ring throughout the film, in the end, he is just as vulnerable to its devices. As he stands on the edge of Mount Doom, he is overcome and places the Ring on his finger, claiming it as his own. A fight between Frodo and Gollum ensues, sending Gollum into the lava with his "precious".

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