Question: Suppose you have $ 6 0 , 0 0 0 to invest. You're considering Miller - Moore Equine Enterprises ( MMEE ) , which is
Suppose you have $ to invest. You're considering MillerMoore Equine Enterprises MMEE which is currently selling for $
per share. You also notice that a call option with a $ strike price and six months to maturity is available. The premium is $ MMEE
pays no dividends. What is your annualized return from these two investments if in six months, MMEE is selling for $ per share?
What about $ per share?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a
percent rounded to decimal places.
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