You just sold short $650$ shares of Wetscope, Incorporated, a fledgling software firm, at $$75$ per share. You cover your short when the price hits $$65\mathrm{.}50$ per share one year later. If the company paid $$0\mathrm{.}52$ per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of $55$ percent.You just sold short $650$ shares of Wetscope, Incorporated, a fledgling

software firm, at $$75$ per share. You cover your short when the price

hits $$65\mathrm{.}50$ per share one year later. If the company paid $$0\mathrm{.}52$ per

share in dividends over this period, what is your rate of return on the

investment? Assume an initial margin of $55$ percent.

Note: Do not round intermediate calculations. Enter your answer as

a percent rounded to $2$ decimal places.

Rate of return

$\%$You just sold short $650$ shares of Wetscope, Incorporated, a fledgling

software firm, at $$75$ per share. You cover your short when the price

hits $$65\mathrm{.}50$ per share one year later. If the company paid $$0\mathrm{.}52$ per

share in dividends over this period, what is your rate of return on the

investment? Assume an initial margin of $55$ percent.

Note: Do not round intermediate calculations. Enter your answer as

a percent rounded to $2$ decimal places.

Rate of return

$\%$