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You purchased 900 shares of TTB at $98.03 per shares on your margin, which as an initial margin of 55% (or 0.55 ). Your objective

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You purchased 900 shares of TTB at $98.03 per shares on your margin, which as an initial margin of 55% (or 0.55 ). Your objective is to make a Holding Period Return of 20% (or 0.20 ). At what price per share will you get to your goal and sell your shares? (neglect any interest paid on your loan.)

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