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Business, 26.02.2020 04:32 CeddHendrix

You purchased 250 shares of common stock on margin for $25 per share. The initial margin is 65% and the stock pays no dividend. Your rate of return would be if you sell the stock at $32 per share. Ignore interest on margin.

A. 35%
B. 39%
C. 43%
D. 28%

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Answers: 3

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