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Business, 15.12.2020 16:50 fonsworth5

An investor buys a stock. She puts up $5,000 but borrows an equal amount of money from her broker to double the amount invested to $10,000. The broker charges 7% on the loan. The stock was originally purchased at $25 per share, and in 1 year the investor sells the stock for $28 per share. What was her holding period rate of return?

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An investor buys a stock. She puts up $5,000 but borrows an equal amount of money from her broker to...
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