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You purchased 300 shares of common stock on margin for $50 per share. The initial margin is 60% and the stock pays no dividend. Your

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You purchased 300 shares of common stock on margin for $50 per share. The initial margin is 60% and the stock pays no dividend. Your rate of return would be approximately, if you sell the stock at $40 per share. Ignore interest 56% 44% O 33% -33%

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