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Suppose you bought 3 0 0 shares of Howard Corp on margin exactly on year ago for $ 4 2 . Your initial margin requirement
Suppose you bought shares of Howard Corp on margin exactly on year ago for $ Your initial margin requirement at the time was and interest was charged at annual, compounded monthly. The stock is now trading at $ What is the percentage return on your equity over the year? Express your response in decimals, for example, not Round to four decimal places.
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