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QUESTION 41 Robin's broker sold 800 shares of a non-dividend paying stock this morning for a total of $29,440. Robin had purchased these shares on

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QUESTION 41 Robin's broker sold 800 shares of a non-dividend paying stock this morning for a total of $29,440. Robin had purchased these shares on margin nine months ago at a cost per share of $35. The initial margin requirement on this stock was 60 percent. Robin paid 1.2 percent over the call money rate of 4.9 percent. What was her holding-period return on this investment

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