An investor buys $40,000 worth of a stock priced at $50 per share using 60% initial margin. The broker charges 6% on the margin loan and requires a 35% maintenance margin. The stock pays a $0.30 per share dividend in 1 year, and then the stock is sold at $52.5 per share. What is the investors rate of return?

Question 20 options:

	5.13%
	5.03%
	5.23%
	5.33%