You$$ve just opened a margin account with $$16,450$ at your local brokerage firm. You instruct your broker to purchase $700$ shares of Landon Golf stock, which currently sells for $$47$ per share. Suppose the call money rate is $6$ percent and your broker charges you a spread of $1$ percent over this rate. You hold the stock for five months $($or $150$ days$)$ and sell at a price of $$54$ per share. The company paid a dividend of $$0\mathrm{.}26$ per share the day before you sold your stock.