A Stock Was Purchased for $45 a Share and Sold

A stock was purchased for $45 a share and sold ten months later for $48 a share.If the shares were purchased totally with cash the holding period return would be ________ percent as compared to ________ percent if the purchase was made using 70 percent margin.Ignore trading costs and margin interest.

A) 5.56; 3.89
B) 5.56; 7.94
C) 5.88; 4.12
D) 5.88; 6.69
E) 5.88; 8.40