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Use the following quotes for Target stock options: table [ [ , Calls ] , [ Ticker , Bid,Ask,Last,IVM,Volume ] , [ TGT (

Use the following quotes for Target stock options:\table[[,Calls],[Ticker,Bid,Ask,Last,IVM,Volume],[TGT (3)/(18)/22 C200,20.15,21.60,29.00y,35.07,],[TGT (3)/(18)/22 C210,13.45,13.80,14.25,32.58,16],[TGT 3/18/22 C220,8.35,8.65,9.65,31.34,20],[TGT 3/18/22 C230,4.85,5.15,5.10,31.07,35],[TGT 3/18/22 C240,2.70,2.95,2.85,31.08,16]]\table[[,Puts],[Ticker,Bid,Ask,Last,IVM,Volume],[TGT (3)/(18)/22 P200,5.00,5.15,4.95,34.16,18],[TGT (3)/(18)/22 P210,8.30,8.50,8.35,32.35,38],[TGT 3/18/22 P220,12.85,13.45,12.55,31.34,6],[TGT 3/18/22 P230,19.15,19.80,18.49,30.06,9],[TGT 3/18/22 P240,26.05,27.80,25.83,28.44,5],[Source: Bloomberg Finance L.P.,,,,,]]Assume you purchased the right to sell 2,000 shares of Target stock in March 2022 at a strike price of $220 per share. Suppose Target stock sells for $205 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 $235 per share (think about it)? Assume your holding period for this investment is exactly three months. Note: A negaive value should be indicated by a minus sign. Do not round intermediate calculations. Enter your 3-month returns as a percent rounded to 2 decimal places.\table[[Return on investment at $205,,%

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