C! Eric and Jason each sell a different stock short at the beginning of the year for a price of $750. The margin requirement for each investor is 50% and each will earn an annual effective interest rate of 8% on his margin account. Each stock pays a dividend of $12 at the end of the year. Immediately thereafter, Eric buys back his stock at a price of $(800-2x) and Jason buys back his stock at a price of $(750+X). Eric's annual effective yield, j, on the short sale is twice Jason's annual effective yield. Given the continuously compounded risk-free interest rate is 4% per annum. Determine the yield rate earned by Jason. (8 marks)