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Problem 4 - 0 8 Lisa Lasher buys 4 4 0 shares of stock on margin at $ 2 6 per share. If the margin
Problem
Lisa Lasher buys shares of stock on margin at $ per share. If the margin requirement is percent, how much must the stock rise for her to realize a 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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