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QUESTION 15 You purchase 1,000 shares of FRAN at $80 per share and give your broker $50,000 to establish your margin account. FRAN does not

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QUESTION 15 You purchase 1,000 shares of FRAN at $80 per share and give your broker $50,000 to establish your margin account. FRAN does not pay a dividend. If you earn no interest on the funds in your margin account, what will be your rate of return if FRAN is immediately (t=0) selling at $85? A. 10% B. -8% C. 11% D.-13%

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