Suppose you have $28,000 to invest. Youre considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $40 per share. You also notice that a call option with a $40 strike price and six months to maturity is available. The premium is $4. MMEE pays no dividends. (15 points) a. Suppose a dividend of $0.80 per share is paid. Comment on how the return would be affected? b. Suppose a put option with a $40 strike is also available with a premium of $2.80. Calculate your percentage return for the six-month holding period if the stock price declines to $36 per share? Suppose you have $28,000 to invest. Youre considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $40 per share. You also notice that a call option with a $40 strike price and six months to maturity is available. The premium is $4. MMEE pays no dividends. (15 points) a. Suppose a dividend of $0.80 per share is paid. Comment on how the return would be affected? b. Suppose a put option with a $40 strike is also available with a premium of $2.80. Calculate your percentage return for the six-month holding period if the stock price declines to $36 per share