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You purchase 1 8 0 shares for $ 5 0 a share ( $ 9 , 0 0 0 ) , and after a year

You purchase 180 shares for $50 a share ($9,000), and after a year the price rises to $60. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense):
a.25 percent. Round your answer to one decimal place.
b.60 percent. Round your answer to one decimal place.
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