You decide to sell short 200 shares of Charlotte Horse Farms when it is seling at its yearly high of $62. Your broker tell you that your margin requirement is 50 percent and that the commission on the purchase is $330. While you are short the stock, Charlotte pays a $2.35 per share dividend. At the end of one year, you buy 200 shares of Charlotte at $49 to dose out your position and are charged a commission of $320 and 10 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, 96 Grade it Now Save & Continue Continue without saving