You purchase 170 shares for

$50

a share

($8,500)

, 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. 30 percent. Round your znswer to one decimal place.

You purchase 170 shares for $50 a share ($8,500), 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 cornmissions, dividends, and interect exnense). a. 25 percent. Round your answer to one decimal place. % b. 30 percent. Round your znswer to one decimal place