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Assume that stock J is priced at 94 shares and pays a dividend of 0.7/ share. An investor the stock at margin 50% and borrowing
Assume that stock J is priced at 94 shares and pays a dividend of 0.7/ share. An investor the stock at margin 50% and borrowing the remainder from the broker at 10%.If after one year, the stock is sold at a price of $132 share, what is the return to the investment.
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