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QUESTION 1 3 . You are bullish on XYZ stock. The current market price is Rs . 5 0 / = per share,and you have
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You are bullish on XYZ stock. The current market price is Rs per share,and you have Tshs of your own to invest. You borrow an additional Tshs from your broker at an interest rate of per year and invest Tshs in the stock. What will be your rate of return if the price of XYZ goes up by during the next year? The stock currently pays no dividend.
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