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Question 11, P2.13 (simil... Homework: Chapter 2 Hom... HW Score: 41.78 15 points Part 1 of 2 O Points: 0 of 1 Save An investor

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Question 11, P2.13 (simil... Homework: Chapter 2 Hom... HW Score: 41.78 15 points Part 1 of 2 O Points: 0 of 1 Save An investor buys 200 shares of stock selling at 68 per share using a margin of 57%. The stock pays annual dividends of $3.00 per share Amargin toan can be obtaned at an annual Interest cost of 93% Determine what return on invested capital the investor will take of the price of the stock increases to $104 within six months What is the annualized rate of return on this transaction? ir prior of the stock increases to $104 within six months, the month return on this transactions (Round to two decimal places)

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