You've Just opened a margin account with $$12,100$ at your local brokerage firm. You Instruct your broker to purchase $1,000$ shares of Landon Golf stock, which currently sells for $$22$ per share. Suppose the call money rate is $6\mathrm{.}5$ percent and your broker charges you a spread of $1\mathrm{.}5$ percent over this rate. You hold the stock for six months and sell at a price of $$29$ per share. The company pald a dividend of $$34$ per share the day before you sold your stock.

a$.$ What is your total dollar return from this Investment? $($Do not round intermedlate calculations. Round your answer to $2$ decimal places.$)$

$\backslash$table$[[$Dollar return,$]]$

b$.$ What is your effectlve annual rate of return? $($Do not round intermedlate calculations. Enter your answer as a percent rounded to $2$ decimal places.$)$

Effective annual return