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an investor puts up 5000$ but borrows an equal amount of money from his broker to double the amount invested to $10,000. The broker charges
an investor puts up 5000$ but borrows an equal amount of money from his broker to double the amount invested to $10,000. The broker charges 7% on the loan. The stock was originally purchased at $25 per share, and in 1 year the investor sells the stock for $28. the investors rate of return was__.
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