Johnny wishes to start a margin account in order to purchase a total of $50,000 worth of shares in XYZ timited. XYZ current share price is $25, so he purchases a total of 2000 shares. His initial margin will be 60%. borrowing the remaining 40% at. an interest rate of 8% per annum. Twelve months later the shares had paid a cash dividend of \$1 each, and had a market value of 555,000 . What percentage rate of return did Johnny earn on this inyestment? Select one: a. $7,000/550,000=14% b. $5,400/$50,000=108x c. $5,400/$30,000=18% d. $7,000/$30.000=23.33%