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One year ago, you bought 5,000 shares of Katinka Inc. common stock for $47.63 per share using your margin account with a 50% initial margin

One year ago, you bought 5,000 shares of Katinka Inc. common stock for $47.63 per share using your margin account with a 50% initial margin requirement. Your broker charges 5.1% per year on margin loans. Today, the stock is selling for $51.56 per share. What is your return if you sell all of your shares and pay off your margin loan and interest? Submit your final answer as a percentage rounded to two decimal places (Ex. 0.00%).

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