Problem 2-14 Margin and Leverage (LO3, CFA4) Suppose you purchase 1150 shares of stock at $82 per share with an initial cash investment of $47150. The call money rate is 5 percent and you are charged a 1.5 percent premium over this rate. Ignore dividends a. Calculate your return on investment one year later if the share price is $90. Suppose instead you had simply purchased $47150 of stock with no margin. What would your rate of return have been now? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places) 0 Answer is not complete. Rate of Return With margin Wthoul margin 97601% b. Calculate your return on investment one year later if the share price is $82 Suppose instead you had simply purchased $47150 of stock with no margm. What would your rate of return have been now? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)