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

you obtain $10000 margin loan at an annual rate of 5.5% to buy 150 shares of IBM $190. Nine months later you sold all the shares at $210. During the hold period you recieved a total dividend of $390. What is your $ profit and Holding period return (HPR%) of your investment?

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