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1. you purchase 478 shares at $75 with 56% margin. Broker charges 3% per year on the loan. After 1 year you sell your shares

1. you purchase 478 shares at $75 with 56% margin. Broker charges 3% per year on the loan. After 1 year you sell your shares at $88 per share. After paying interest on your loan what is your HPR

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