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5. Some investor posts $5,000 of his own money but borrows an equal amount of money from his broker to double the amount invested to

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5. Some investor posts $5,000 of his own money but borrows an equal amount of money from his broker to double the amount invested to $10,000. The broker charges 8% on the loan. The stock was originally purchased at $50.00 per share, and in 1 year the investor sells the stock for $55. The rate of return was

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