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A) Suppose you buy stock at a price of $82 per share. Threemonths later, you sell it for $88. You also received a dividend of$0.50 per share. What is your annualized return on this investment?(Do not round intermediate calculations. Enter your answeras a percent rounded to 2 decimal places.)
B) You just sold short 950 shares of Wetscope, Inc., a fledglingsoftware firm, at $72 per share. You cover your short when theprice hits $66.00 per share one year later. If the company paid$0.46 per share in dividends over this period, what is your rate ofreturn on the investment? Assume an initial margin of 55 percent.(Do not round intermediate calculations. Enter your answeras a percent rounded to 2 decimal places.)
Rate of return:
