You purchase 100 shares of stock at $100 ($10,000); the margin requirement is 40 percent. What are
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You purchase 100 shares of stock at $100 ($10,000); the margin requirement is 40 percent. What are the dollar and percentage returns if
a) you sell the stock for $112 and bought the stock for cash?
b) you sell the stock for $90 and bought the stock on margin?
c) you sell the stock for $60 and bought the stock on margin?
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