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Leslie sold 800 shares of a non-dividend paying stock this morning for a total of $29,440. She had purchased these shares on margin 6 months

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Leslie sold 800 shares of a non-dividend paying stock this morning for a total of $29,440. She had purchased these shares on margin 6 months ago at a cost per share of $35, The initial margin requirement on this stock is 80 percent and the maintenance margin is 30 percent over the call money rate of 3.9 percent. What is her total dollar return on this investment? A. $1298.98 B. $931.41 C. $618.49 D. None

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