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An investor buys 300 shares of stock selling at $65 per share using margin of 70%. The stock pays annual dividends of $2.00 per share.

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An investor buys 300 shares of stock selling at $65 per share using margin of 70%. The stock pays annual dividends of $2.00 per share. margin loan can be obtained at an annual interest cost of 4.0% Determine what return on invested capital the investor will realize if th price of the stock increases to $84 within six months. What is th annualized rate of return on this transaction? If the price of the stock increases to $84 within six months, the six-month return on this transaction is %. (Round to two decimal places.) %. (Round to two B) The annualized rate of return on this transaction is decimal places.)

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