You decide to sel short 200 shares of Chariotte Horse Farms when it is selling at its yearly high of $50. Your broker tells you that your margin requirement is 65 percent and that the commission on the purchase is $380. While you are short the stock, Charlotte pays a $2,15 per share dividend. At the end of one year, you buy 200 shares of Charlotte at $38 to close out your position and are charged a commission of $360 and 12 percent interest on the maney borrowed. What is your rate of refum on the investment? Do not round intermediate calculations. Found your answer to two decimal places