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( Note: You are required to use a financial calculator to calculate EAR, and document the key sequences entered, like [ N ] , [
Note: You are required to use a financial calculator to calculate EAR, and document the key sequences entered, like NPMTCF etc.
Suppose you have $ to invest. Youre considering an investment in put options of MillerMoore Equine Enterprises MMEE whose stock is currently selling for $ per share. Suppose that a put option with a $ strike price and six months to maturity is available. The premium is $ MMEE pays no dividends. After months, the stock price declines to $ per share.
Calculate your percentage annualized rate of return on the put option investment.
Note: The HPR must be calculated as HPR Terminal Equity Initial Equity Initial Equity.
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