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You purchase 400 shares of Omni Co. stock on margin at a price of $66. Your broker requires you to deposit $15,000. Suppose you sell

You purchase 400 shares of Omni Co. stock on margin at a price of $66. Your broker requires you to deposit $15,000. Suppose you sell the stock at a price of $75. Ignoring interest on the margin loan, what is your percentage return?

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