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6 . Two years ago, you bought 3 0 0 shares of Kayleigh Milk Co . for $ 3 0 a share with a margin

6. Two years ago, you bought 300 shares of Kayleigh Milk Co. for $30 a share with a margin of 60 per-cent. Currently, the Kayleigh stock is selling for $45 a share. Assuming no dividends and ignoring commissions, (a) compute the annualized rate of return on this investment if you had paid cash and (b) your rate of return with the margin purchas

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