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You purchase 564 shares of XYZ Co. stock on margin at a price of $27. Your broker requires you to deposit $8,907. A month later,
You purchase 564 shares of XYZ Co. stock on margin at a price of $27. Your broker requires you to deposit $8,907. A month later, you sell the stock at a price of $27. What is your return in percent? Answer to two decimals.
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