In the previous problem, what would your return have been had you purchased the stock without margin? (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) The text of the previous problem is copied here for your convenience: You purchase 550 shares of 2nd Chance Co stock on margin at a price of $55. Your broker requires you to deposit $15,500. Suppose you sell the stock at a price of $62. You just sold short 650 shares of Wetscope, Inc., a fledgling software firm, at $75 per share. You cover your short when the price hits $79 per share one year later. If the company paid $0.52 per share in dividends over this period, what is your rate of retum on the investment? Assume an initial margin of 55 percent. (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)