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Marlene Bellamy purchased 400 shares of Writeline Communicationsstock at $ 56.26 per share using the prevailing minimum initialmargin requirement of 60 % . She held the stock for exactly 6months and sold it without any brokerage costs at the end of thatperiod. During the 6 ?-month holding? period, the stock paid $ 1.63per share in cash dividends. Marlene was charged 7.2 % annualinterest on the margin loan. The minimum maintenance margin was 25% .d. ?(1) If the sale price at the end of the 6-month holdingperiod is $50.19, the? Marlene's annualized rate of returnis?(2) If the sale price at the end of the 6-month holding period is$60.57, the? Marlene's annualized rate of return is??(3) If the sale price at the end of the 6-month holding period is$70.46, the? Marlene's annualized rate of return is?
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