Johnny wishes to start a margin account in order to purchase a total of $50,000 worth of shares in XYZ Limited. XYZ's current share price is $25, so he purchases a total of 2,000 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 $55,000. If Johnny decided against opening a margin account, but to just outright purchase shares in XYZ for cash, what would his return on investment, in dollars and \%, have been for the year? Select one: a. ($33,000$30,000)+$1,200=$4,200/$30,000(14%) b. ($33,000$30,000)=$3,000/$30,000(10%) c. ($55,000$50,000)=$5,000/$50,000(10%) d. ($55,000$50,000)+$2,000=$7,000/$50,000(14%)