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Suppose you have $ 6 0 , 0 0 0 to invest. You're considering Miller - Moore Equine Enterprises ( MMEE ) , which is

Suppose you have $60,000 to invest. You're considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $60
per share. You also notice that a call option with a $60 strike price and six months to maturity is available. The premium is $3. MMEE
pays no dividends. What is your annualized return from these two investments if, in six months, MMEE is selling for $68 per share?
What about $56 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.
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