You decide to sell short $300$ shares of Charlotte Horse Farms when it is selling at its yearly high of $$49.$ Your broker tells you that your margin requirement is $50$ percent and that the commission on the purchase is $$465.$ While you are short the stock, Charlotte pays a $$3\mathrm{.}00$ per share dividend. At the end of one year, you buy $300$ shares of Charlotte at $$37$ to close out your position and are charged a commission of $$455$ 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.