Question $7(1$ point$)$

A year ago, you purchased $200$ shares of Walgreens Boots Alliance, Inc. on margin at

$$24\mathrm{.}08$ per share. The initial margin is $60\%,$ the maintenance margin requirement

$30\%,$ and the broker charges $7\mathrm{.}5\%$ interest on the margin loan. Since then, the firm

paid $$1\mathrm{.}00$ per share in dividends. What is your rate of return if today Walgreens

stocks trade at $$23\mathrm{.}27$ per share?

$-4\mathrm{.}73\%$

$-3\mathrm{.}68\%$

$-1\mathrm{.}52\%$

$0\mathrm{.}45\%$