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You just sold short 5 0 0 shares of Wetscope, Incorporated, a fledgling software firm, at $ 6 6 per share. You cover your short

You just sold short 500 shares of Wetscope, Incorporated, a fledgling software firm, at $66 per share. You cover your short when the price hits $56.50 per share one year later. If the company paid $0.85 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 70 percent.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
Answer is complete but not entirely correct.
\table[[Rate of return,22.47ox
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