Suppose you have $60,000 to invest. You're considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $60 per share. You notice that a put option with a $60 strike is available with a premium of $3.00. Calculate your percentage return on the put option for the 6-month holding period if the stock price declines to $57 per share. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "o" wherever required. Do not round intermediate calculations. Enter your 6-month return as a percent rounded to 2 decimal places.) % Percentage return