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1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 1.000 shares of IBM, for $50/share. Assume no dividends,

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1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 1.000 shares of IBM, for $50/share. Assume no dividends, and that your bonowing rate is 6.0% What is your percentage rate of return if, in one year, IBM stock is selling for $39 per share

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