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Enzo purchased 900 shares of ABC stock at $18.50/share using 50% margin. ABC stock pays no dividend, and the broker charges 6% interest on the

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Enzo purchased 900 shares of ABC stock at $18.50/share using 50% margin. ABC stock pays no dividend, and the broker charges 6% interest on the margin loan. One year later, he sold the stock at $24.25/share. What was Enzo's net return on his investment from these transactions. 56.2% 28.1% 62.2% 31.1%

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