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eBook Problem 4-08 Lisa Lasher buys 370 shares of stock on margin at $26 per share. If the margin requirement is 40 percent, how much

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eBook Problem 4-08 Lisa Lasher buys 370 shares of stock on margin at $26 per share. If the margin requirement is 40 percent, how much must the stock rise for her to realize a 25-percent return on her invested funds? (Ignore dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent

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