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An investor bought 100 shares of Debbie's Cake House on margin for $65 a share. Below are the terms the investor's broker gave him for

An investor bought 100 shares of Debbie's Cake House on margin for $65 a share. Below are the terms the investor's broker gave him for the margin purchase:

Commissions: $0

Margin requirement = 60%

Interest rate on borrowed funds = 5%

After a year, the investor was able to sell the stock at $92. Also, during the year the investor held the stock, Debbie's Cake House paid an annual dividend of $3.00 per share.

What was the investors's percentage return earned on his investment.

Group of answer choices

46.15%

56.16%

58.89%

73.59%

66.78%

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