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2) In the previous problem, suppose you sell the stock at a price of $31. Ignoring any interest on the margin loan, what is your
2) In the previous problem, suppose you sell the stock at a price of $31. Ignoring any interest on the margin loan, what is your return? What would your return have been had you purchased the stock without margin?
Suppose the stock price is $23 when you sell the stock. What is your return? What would your return have been had you purchased the stock without margin?
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