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Calculate the percentage return on your investment

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Problem - You purchase 160 shares for $70 a share ($11,200), 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):

a. 15 percent.

b. 35 percent.

c. 75 percent.

Reference no: EM133047352

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