Andy Hastings borrowed 500 shares of stock from a broker. This stock is currently selling for $25 a share ($12,500).


Andy Hastings borrowed 500 shares of stock from a broker. This stock is currently selling for $25 a share ($12,500). The commission was $125. Three weeks later, the price of the stock was $22.50 a share, so he bought the 500 shares. The commission was $115. He returned a stock certificate for 500 shares to the broker.
Rates of return?


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