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You purchased 250 shares of common stock on margin for $19 per share. The initial margin is 65%, and the stock pays no dividend. Your

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You purchased 250 shares of common stock on margin for $19 per share. The initial margin is 65%, and the stock pays no dividend. Your rate if you sell the stock at $27 per share. Ignore interest on margin. (provide answer in percentage points) of return would be

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