Suppose you have $54,000 to invest. You're considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $40 per share. You notice that a put option with a $40 strike is also available with a premium of $5.4. Calculate your percentage return on the put option for the six-month holding period if the stock price declines to $32 per share. (Round your answer to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Omit the "%" sign in your response.)