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I bought 2200 shares of NIO a year ago at $15. Suppose I used 80% margin and sold NIO at $60 a share 8 months

  1. I bought 2200 shares of NIO a year ago at $15. Suppose I used 80% margin and sold NIO at $60 a share 8 months later. Calculate my return if the margin loan interest rate is 8%.

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