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need help plz! You purchased 100 shares of common stock on margin for $25 per share. The initial margin is 50% and the stock pays
need help plz!
You purchased 100 shares of common stock on margin for $25 per share. The initial margin is 50% and the stock pays no dividend. Your rate of return would be if you sell the stock at $30 per share. Ignore interest on margin. Hint: your rate of return is the percentage gain based on your initial margin. 50% 40% 0% 30% Step by Step Solution
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