An investor buys 100 shares of stock selling at $59 per share using a margin of 56% The stock pays annual dividends of $2.00 per share. A margin loan can be obtained at an annual interest cost of 41% Determine what return on invested capital the investor will realize if the price of the stock increases to $92 within sox months What is the annualized rate of retum on this transaction?

If the price of the stock increases to $92 within six months, the six-month return on this transaction is % (Round to two decimal places)