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You have purchased 50 shares of company DIY for $43 with 65% initial margin. The interest on the margin loan is 6%. How much is
You have purchased 50 shares of company DIY for $43 with 65% initial margin. The interest on the margin loan is 6%. How much is your return on your investment, if 3 months later DIY's price is $34? (Provide your answer in percentage rounded to two decimals, omitting the % sign)
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