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The current market price of AWZ stock is $50 per share and you have $5000 of your own to invest. You borrow an additional $5000
The current market price of AWZ stock is $50 per share and you have $5000 of your own to invest. You borrow an additional $5000 from your broker and invest $10,000 in the stock. Assume the interest rate is 2% and maintenance margin is 40%. What will be your rate of return if the price goes up by 5% after one year?
8%
10%
14%
15%
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