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Josh has a $10000 and uses a margin loan from his broaker ro double the amount for investing $ 20000. He uses the money to
Josh has a $10000 and uses a margin loan from his broaker ro double the amount for investing $ 20000. He uses the money to buy shares of Thornscape at 40$ per share. After 1 moth he sells the shares for 42$ per share. The broker charges 6.5% on the loan. What is johs return?
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