3. On November 20, 2003, you short sold 5,000 shares of Home Depot at the price of $35 per share. The initial margin requirement is 60% and the maintenance margin is 30%. You can invest your short sale proceeds and cash collateral at 1% per year. The annual interest on the loan you receive from your broker is also 1%. b) Assume you closed your account after one quarter, on February 20, 2004 when each Home Depot share was being traded at $37. What was the return on your investment? (Don't forget to consider the 3-month interest on your loan and on your short sale proceeds and cash) 3. On November 20, 2003, you short sold 5,000 shares of Home Depot at the price of $35 per share. The initial margin requirement is 60% and the maintenance margin is 30%. You can invest your short sale proceeds and cash collateral at 1% per year. The annual interest on the loan you receive from your broker is also 1%. b) Assume you closed your account after one quarter, on February 20, 2004 when each Home Depot share was being traded at $37. What was the return on your investment? (Don't forget to consider the 3-month interest on your loan and on your short sale proceeds and cash)