roblem 3-06 our years ago, you bought 700 shares of Kayleigh Milk Co. for $45 a share with a margin of 80 percent. Currently, the Kayleigh stock is selling for $50 a share. assume there are no dividends and ignore commissions. Do not round intermediate calculations, Round your answers to two decimal places. a Assuming that you pay cash for the stock, compute the annualized rate of return on this investment if you had paid cash. % b. Assuming that you used the maximum leverage in buying the stock, compute your rate of return with the margin purchase. Grade it Now Save & Continue Continue without saving