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Princess Peach bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make the purchase. Peach
Princess Peach bought 200 shares of stock at a price of
$10
a share. She used her
70%
margin account to make the purchase. Peach sold her stock after a year for
$12
a share. Ignoring margin interest and trading costs, what is Peach's return on investor's equity for this investment?\
29%
\
14%
\
10%
\
67%
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