1.

A man borrows 100 shares of a stock from his broker and sells them at $25/share (he also pays a $100 commission). Two weeks later, the stock price drops to $20/share. The man buys 100 shares to return to the stockbroker and pays a $100 commission. What is his Return on Investment? (14.3% , 9.5% , 11.73% , or 12.5%)