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I buy a property for a cost of $ 1 , 0 0 0 , 0 0 0 and borrow $ 6 0 0 ,

I buy a property for a cost of $1,000,000 and borrow $600,000 to help finance it. After a year I receive net rent of $40,000 and sell the property for $1,100,000. I pay the interest of $30,000 and pay off the loan. My return on capital has been
Group of answer choices
A.
11%
B.
15%
C.
18%
D.
28%
E.
35%

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