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April bought 137 shares of stock at $31, investing as little of her own money as possible. The initial margin was 58%. What stock price
April bought 137 shares of stock at $31, investing as little of her own money as possible. The initial margin was 58%. What stock price would cause April's holding period return (ROE) to be 50%? Express your answer with two digits after the decimal point (e.g., 12.34).
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