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You purchased 400 shares of BRK-b at $195 a share on a 50% margin. If the margin interest is 6% and the stock price gone
You purchased 400 shares of BRK-b at $195 a share on a 50% margin. If the margin interest is 6% and the stock price gone up to $205 a share, what is your investment return? Would you be better off without the margin?
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