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5. 5. 7. 8. Problem 4-01 You purchase 150 shares for $50 a share ($7,500), and after a year the price rises to $60.
5. 5. 7. 8. Problem 4-01 You purchase 150 shares for $50 a share ($7,500), and after a year the price rises to $60. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense): oa. 25 percent. Round your answer to one decimal place. % b. 30 percent. Round your answer to one decimal place. % c. 75 percent. Round your answer to one decimal place. % Icon Key Check My Work
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