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Samantha and Jamaal both invest in a stock whose price goes from 40 to 50 after one year and 60 the next. Samantha borrowed 25%
Samantha and Jamaal both invest in a stock whose price goes from 40 to 50 after one year and 60 the next. Samantha borrowed 25% of the money to invest while Jamaal borrowed none. Find their effective rates of return on the initial price, ignoring the cost of borrowing.
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