Let $R$ be a finite type integral domain over field $k$, $S$ be a subring of $R$, such that $[f.f(R)\colon f.f(S)]=d$, does there exist a group $G$ with $|G|=d$ such that $S=R^G$? (Here $f.f(R)$ means the fraction field of $R$)
(I am confused by [ACGH] Geometry of algebraic curves Vol II, P.262 Line 14-16. How shall I understand the claim in [ACGH]?
If $S=R^G$ and both $R,S$ are smooth, and the extension is not etale, can we show $\mathrm{Spec}(R)\to\mathrm{Spec}(S)$ has to be a cyclic cover over smooth divisor? I think the following is a counterexample.)
(Original question: Let $k[x,y]$ be the polynomial ring over $k$ with two variables. Does there exist an action of some finite group $G$ on $k[x,y]$ such that $k[x,y]^G=k[x^2,y^2]$? The naive $x\to -x,y\to -y$ has a larger invariant subring $k[x^2,xy,y^2]$.)