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Oals On O Question 9/1 point) Jack is excited by the leveraging strategy his advisor has presented. The strategy requires Jack to borrow from his

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Oals On O Question 9/1 point) Jack is excited by the leveraging strategy his advisor has presented. The strategy requires Jack to borrow from his whole life policy since he has no other form of borrowing available to him. The interest rate on the loan is 4.6%. The net rate of return for the last five years on the fund Jack has selected is 7% and Jack expects that rate to continue or increase. C What is the minimum return Jack must earn so that he does not lose money on his investment? a) 116% Obl 70% 046% d) 24%

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