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You purchase 100 shares for $60 a share ($6,000), and after a year the price rises to $70. Calculate the percentage return on your investment

You purchase 100 shares for $60 a share ($6,000), and after a year the price rises to $70. 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):

  1. 25 percent. Round your answer to one decimal place.

    %

  2. 65 percent. Round your answer to one decimal place.

    %

  3. 75 percent. Round your answer to one decimal place.

    %

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