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An investor buys 2 0 0 shares of stock selling at $ 7 1 per share using a margin of 7 2 % . The

An investor buys 200 shares of stock selling at $71 per share using a margin of 72%. The stock pays annual dividends of $2.00 per share. A margin loan can be obtained at an annual interest cost of 4.8%. Determine what return on invested capital the investor will realize if the price of the stock increases to $8888 within six months. What is the annualized rate of return on this transaction?
If the price of the stock increases to $88 within six months, the six-month return on this transaction is ___%.

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