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Lisa Lasher buys 350 shares of stock on margin at $24 per share. If the margin requirement is 60 percent, how much must the

Lisa Lasher buys 350 shares of stock on margin at $24 per share. If the margin requirement is 60 percent, how much must the stock rise for her to realize a 35-percent return on her invested funds? (Ignore dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent.

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