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Donald puts up $18,000 but borrows an equal amount of money from his broker to double the amount invested to $36,000. The broker charges 8%

Donald puts up $18,000 but borrows an equal amount of money from his broker to double the amount invested to $36,000. The broker charges 8% on the loan. The stock was originally purchased at $30 per share, and in 1 year the investor sells the stock for $33. The investor's rate of return was Multiple Choice 12.00% 2.00% o 14.00% 6.00%

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