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Ali Ahmed buys 354 shares of a Modern company at the market price of $305 on full margin. What is his rate of return on

Ali Ahmed buys 354 shares of a Modern company at the market price of $305 on full margin. What is his rate of return on margin transaction assuming that:

The maintenance margin requirement is 16%

The initial margin requirement is 63%

Market price when stocks were sold is $455 per share

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