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Apps Bank of America-Dell Phone FINC 450-73 Principles of Investment FA 18(Holeman) Homework: Homework# 2 Score: 0 of 1 pt 11 of 13 (13 complete)

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Apps Bank of America-Dell Phone FINC 450-73 Principles of Investment FA 18(Holeman) Homework: Homework# 2 Score: 0 of 1 pt 11 of 13 (13 complete) WScore: 92.31%, 120. P2.13 (similar to) Help An investor buys 100 shares of stock selling at S70 per share using a margin of 68% The stock pays annual dividends of SI 00 per share A margin loan can be obtained at an annual interest cost of 68% Determine what return on invested capital the investor will realize if the price of the stock increases to $111 within six months What is the annualized rate of return on this transaction? If the price of the stock increases to $111 within sx months, the six-month return on this transaction is 11% (Round to two decimal places) O Type here to s

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