Suppose you purchase 516 shares of stock at $29.11 per share with an initial cash investment of $11501. Suppose the call money rate is 3.31 percent and you are charged a 1.5 percent premium over this rate. Calculate your return on investment (in percent) if the share price one year later is $2.50 below the price when you bought the stock. Ignore dividends. Answer to two decimals.

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