Calculate the percentage return on your investment

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Question - You purchase 120 shares for $30 a share ($3,600), and after a year the price falls to $25. 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. 25 percent.

b. 60 percent.

c. 80 percent.

Reference no: EM133060310

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