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4. You purchased 250 shares of common stock on margin for $28 per share. The initial margin is 70% and the stock pays no dividend

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4. You purchased 250 shares of common stock on margin for $28 per share. The initial margin is 70% and the stock pays no dividend but has a trading cost of $0.1 per share. Your rate of return would be if you sell the stock at $36 per share. Ignore interest on margin.. (2 points) 40.81% 40.30% 40.00% 42.85%

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