You purchase 100 shares for $30 a share ($3000) and after a year the price...

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Accounting

You purchase 100 shares for $30 a share ($3000) and after a year the price rises to $50 (really nice!). What will be the % return on your investment if you bought the stock on margin and the margin requirement was 25%?

66% return

267% return

2000% return

50% return

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