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you purchased 400 shares of stock on margin 8 months ago. the initial margin requirement on your account is 62 percent and the maintenance margin

you purchased 400 shares of stock on margin 8 months ago. the initial margin requirement on your account is 62 percent and the maintenance margin is 25 percent. the call money rate is 4.8 percent and you pay 1.92 percent above that rate. the purchase price was 14.3 a share. today you sold these shares for 17.6 each. what is your annualized percentage rate of return

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