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You are bullish on Hause stock. The current market price is $ 7 0 0 , 0 0 0 per share, and you have $
You are bullish on Hause stock. The current market price is $ per share, and you have $ of your own to invest. You borrow an additional $ from your broker at an interest rate of per year and invest $ in the stock. What will be your rate of return if the price of the stock goes up by during the next year? Assignment and example in class
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