Use the following quotes for JC Penney stock options:

Assume you purchased the right to sell 5,400 shares of JC Penney stock in January 2013 at a strike price of $28 per share. Suppose the stock sells for $25.94 per share immediately before your options expiration. What is the rate of return on your investment? What is your rate of return if the stock sells for $43.42 per share? (Enter the rates of return for the 3-month period.) (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

1.Return on investment at $25.94

2.Return on investment at $43.42

View By Expiration: May 12 Jun 12| Aug 12 1 Nov 12 | Jan 13 | Jan 14 Expire at close Friday, January 18, 2013 Call Options Strike 25.00 JCP130119C00025000 12.00 30.00JCP130119C00030000 33.00 34.00 JCP130119c00034000 5.05 0.00 55.35 35.00JCP130119C00035000 36.00 37.00JCP130119C00037000 4.10 0.003.753.85 38.00JCP130119C000380003 40.00 JCP130119C000400002.920 Symbol Last Chg Bid Ask Vol Open Int 9 4,148 0.00 11511.70 8.39 0.007.757.85 0.00 5.80 5.90 1 1,849 96 16 145 3,467 JCP130119C00033000 6.35 14 4.70 4.80 4.60 0.60 4.40 JCP130119C00036000 4.20 4.35 9 2 1,611 3.15 0.00 3.30 3.45 6 1,784 2.69