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An investor puts up $7,900 but borrows an equal amount of money from their broker to double the amour inessed to $15,800. The broker charges
An investor puts up $7,900 but borrows an equal amount of money from their broker to double the amour inessed to $15,800. The broker charges 7% on the loan. The stock was originally purchased at $22 per share and in one yes the investor sells the stock for $27, The investor's rate of return was Multiple Choice 40.80% 38.45% 51.45% 42.77%
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