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XYZ has an expected return of 10%. What is the expected return of your investment if you buy XYZ on margin (MR = .40). Assume
XYZ has an expected return of 10%. What is the expected return of your investment if you buy XYZ on margin (MR = .40). Assume you borrowing cost = 5%.
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
