You decide to sell short $200$ shares of Charlotte Horse Farms when it is selling at its yearly high of $$48.$ Your broker tells you that your margin requirement is $50$ percent and that the commission on the purchase is $$360.$ While you are short the stock, Charlotte pays a $$2\mathrm{.}90$ per share dividend. At the end of one year, you buy $200$ shares of Charlotte at $$34$ to close out your position and are charged a commission of $$350$ and $13$ percent interest on the money borrowed. What is your rate of return on the investment? Do not round intermediate calculations. Round your answer to two decimal places.