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Five years ago, you bought 700 shares of Kayleigh Mik Co. for $35 a share with a margin of 65 percent, Currently, the Koyleigh stock

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Five years ago, you bought 700 shares of Kayleigh Mik Co. for $35 a share with a margin of 65 percent, Currently, the Koyleigh stock is seting for s40 a share. Assume there are no divends and ignore commissions. Do not round intermedote calculations. Round your answers to two decimal places. a. Aerumina that you pay cash for the stock, compute the annualized rate of retuen on this invertment us you had paid cash. b. Mssumina that you used the mavimum leverage in buying the stock, compute your rate of return with the margin purchase

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