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suppose an investor puts up $14,000 but borrows an equal amount of money from his broker to double the amount invested to $28,000. The broker

suppose an investor puts up $14,000 but borrows an equal amount of money from his broker to double the amount invested to $28,000. The broker charges 6% on the loan. The stock was originally purchased at $40 per share, and in 1 year the investor sells the stock for $45. What would be the investor's rate of return was?

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