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Find and calculate the percentage return on investment

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Problem 1: You purchase 140 shares for $70 a share ($9,800), 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):

  • 25 percent. Round your answer to one decimal place.
  • 55 percent. Round your answer to one decimal place.
  • 75 percent. Round your answer to one decimal place.

Reference no: EM132964227

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