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You purchase 9 0 shares for $ 7 0 a share ( $ 6 , 3 0 0 ) , and after a year the

You purchase 90 shares for $70 a share ($6,300), and after a year the price rises to $80. 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):
15 percent. Round your answer to one decimal place.
%
35 percent. Round your answer to one decimal place.
%
85 percent. Round your answer to one decimal place.
%

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