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You purchase 80 shares for $50 a share ($4,000), and after a year the price rises to $60. Calculate the percentage return on your investment

You purchase 80 shares for $50 a share ($4,000), 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):

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

    %

  2. 40 percent. Round your answer to one decimal place.

    %

  3. 85 percent. Round your answer to one decimal place.

    %

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