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You just bought 1 , 0 0 0 shares of stock in The John Deere Company on margin. You paid $ 5 2 5 a
You just bought shares of stock in The John Deere Company on margin. You paid $ a share, so the total value of the transaction we $ $ of the amount was paid for with cash in the account, and you borrowed $ from your broker to complete the purchase. The broker loan rate is
One year later, you sold the stock for $ Over the course of that year, you collected $ a share in dividends. Your income tax rate is
How much did you make in percentage terms after tax?
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