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You go on margin and purchase a total of $10000 of Stock C. Of that $10000 purchase, you contributed $6000 of your own money, the
You go on margin and purchase a total of $10000 of Stock C. Of that $10000 purchase, you contributed $6000 of your own money, the rest of which you borrowed. The $10000 investment then increases in value by 9%. There are no other cash flows. What is the percentage return to your equity in the investment? Go out two decimal places - for example, write 55% as .55.
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