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1. If you bought 100 shares of a $52 stock on 55% margin, collected a $2 dividend per share, paid commissions 12, incurred an interest

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1. If you bought 100 shares of a $52 stock on 55% margin, collected a $2 dividend per share, paid commissions 12, incurred an interest charge of 3% and sold the shares a year later for $59, what was your rate of return

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