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please answer asap. i will rate Suppose you have $38,000 to invest. You're considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $37 per
please answer asap. i will rate
Suppose you have $38,000 to invest. You're considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $37 per share. You also notice that a call option with a $37 strike price and six months to maturity is available. The premium is $4.00. MMEE paid a $0.80 per share dividends. What is your annualized percentage rate of return from the investment in call option if in six months, MMEE is selling for 547 per share? (Round your answer to 2 decimal places. Omit the sign in your response.) Step by Step Solution
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