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Question 1 of 8 Check My Work eBook Problem 4-01 You purchase 50 shares for $60 a share (53,000), and after a year the price

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Question 1 of 8 Check My Work eBook Problem 4-01 You purchase 50 shares for $60 a share (53,000), and after a year the price rises to $70. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense); a. 25 percent. Round your answer to one decimal place. b. 55 percent. Round your answer to one decimal place. c. 85 percent. Round your answer to one decimat place. % Check My Work Olon ko Oorsion 1 Submit Assignment for Grading Save

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