A speculator opened an account with her broker to purchase 2.000 shares of FSLR (First Solan for $60 each. The initial margin requirement was 40%. The speculator financed the remainder of the purchase by taking out a loan that charges 1086 annual interest. A year later the price of FSLR decreased to $50 per share and the stock did NOT pay any dividends. Assume no commissions: What is the rate of return on the investment after one year IF no margin was used (unlevered long position)? Select the closest anwwer: 1028 16.79 20.8% 14.5%