'ou are bullish on Telecom stock. The current market price is $110 per share, and you have $22,000 of your own to invest. You borrow in additional $22,000 from your broker at an interest rate of 6.6% per year and invest $44,000 in the stock. Pequired: 1. What will be your rate of return if the price of Telecom stock goes up by 8% during the next year? (Ignore the expected dividend.) Round your answer to 2 decimal places.) How far does the price of Telecom stock have to fall for you to get a margin call if the maintenance margin is 30% ? Assume the price all happens immediately. (Round your answer to 2 decimal places.)