Suppose you have $$48,000$ to invest. You're considering Miller$-$Moore Equine

Enterprises $($MMEE$),$ which is currently selling for $$80$ per share. You also

notice that a call option with a $$80$ strike price and six months to maturity is

available. The premium is $$4.$ MMEE pays no dividends. What is your

annualized return from these two investments if$,$ in six months, MMEE is selling

for $$88$ per share? What about $$76$ 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 $2$

decimal places.

Answer is not complete.