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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. Your
You purchased 250 shares of common stock on margin for $25 per share. The initial margin is 65%, and the stock pays no dividend. Your rate of return would be if you sell the stock at $32 per share. Ignore interest on margin. ---- O 35% O 39% O 43% O 28%
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