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Suppose the call money rate is 2 % , and you pay a spread of 1 . 5 % over that. You buy 2 ,

Suppose the call money rate is 2%, and you pay a spread of 1.5% over that. You buy 2,000 shares at $36 per share with an initial margin of 60%. Seven months later, the stock is selling for $50 per share and you close out your position. What is your return assuming no dividends are paid?
Group of answer choices
16.30%
21.05%
17.84%
14.03%
63.46%

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