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You purchased 1 0 0 0 shares of Company B ' s common stock on margin at $ 1 0 0 per share. Assume the

You purchased 1000 shares of Company B's common stock on margin at $100 per share. Assume the initial margin is 70%, and the maintenance margin is 35%. Assume the stock pays no dividend; ignore interest on margin. What would your rate of return be if you sell the stock at $50 per share? "

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