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On January 1, you open a brokerage account and purchase 500 shares of Tesla, at $30.00 per share. You borrow 40.00% from your broker to

On January 1, you open a brokerage account and purchase 500 shares of Tesla, at $30.00 per share. You borrow 40.00% from your broker to help pay for the investment, the annual interest rate(APR) on the loan is 10%, and you receive a dividend payment over the year of $2.00 per share. What is your rate of return if you still on the close of December 31 at a price of $30?

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