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you obtain $ 1 0 0 0 0 margin loan at annual rate of 5 . 2 5 % to buy 1 2 5 shares

you obtain $10000 margin loan at annual rate of 5.25% to buy 125 shares of IBM $200. Three months later you sold all the shares at $220. During the hold period you received a total dividend of $370. What is your profit and holding period return (HPR%) of your investment? (EXCEL)

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