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You purchased 250 shares of common stock on margin for $25 per share. The initial margin is 65%, and the stock pays no dividend. What

You purchased 250 shares of common stock on margin for $25 per share. The initial margin is 65%, and the stock pays no dividend. What is your rate of return would be if stock price goes up to $32 per share next day?. Ignore interest on margin.

:

35%

39%

80%

28%

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