You decided to sell short 100 shares of CH when it is selling at $60. Your margin requirement is 40% and commission on purchase is 50. While you are short the CHIM pays a $1.50 per share dividend. At the end of one year you buy 100 shares of CHM at $42 to close out your position and are charged a commission of $120 and 0.05 interest on the money borrowed. What is your rate of return on the investment? Crnaan