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What is mrs helen rate of return if the stock price doubled

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Problem 1: Mrs. Helen purchased a $100 stock on 55% margin and the brokerage firm charged him 10% p.a. for the loan. No cash dividends were received while Mrs Helen held the stock. What is Mrs Helen's rate of return if the stock price doubled to $200 after 1 (one) year?

Reference no: EM132995664

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