please format answers the same as the question, and feel free to show steps! I would like to be able to study the solutions.

Suppose you purchase 500 shares of stock at \\( \\$ 48 \\) per share with an initial cash investment of \\( \\$ 8,000 \\). The call money rate is 5 percent and you are charged a 1.5 percent premium over this rate. Ignore dividends. a. Calculate your return on investment one year later if the share price is \\( \\$ 56 \\). Suppose instead you had purchased \\( \\$ 8,000 \\) of stock with no margin. What would your rate of return have been now? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) with no margin. What would your rate of return have been now? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to the nearest whole number.) c. Calculate your return on investment one year later if the share price is \\( \\$ 32 \\). Suppose instead you had purchased \\( \\$ 8,000 \\) of stock with no margin. What would your rate of return have been now? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)