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An imvestor bujns 100 shares of stock selling at $61 per whare using a margin of 64%. The stock pays arnual dividends of $2.00 per
An imvestor bujns 100 shares of stock selling at $61 per whare using a margin of 64%. The stock pays arnual dividends of $2.00 per share. A margin loan can be obtared at an annual interest coat o If the price of the stock increaset to $90 within ex months, the sik-month relum on the transaction is 6. (Round to two decimal places.)
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