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Business, 18.01.2021 21:50 JuniperGalaxy

You purchase 150 shares for $70 a share ($10,500), and after a year the price rises to $80. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense):

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You purchase 150 shares for $70 a share ($10,500), and after a year the price rises to $80. Calculat...
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