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You purchase 120 shares for $70 a share (52,4001 and after a year the price...

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You purchase 120 shares for $70 a share (52,4001 and after a year the price rises to $80. What is the percentage return on your investment if you bought the stock on margin and the margin requirement was 20% (ignore commissions, dividends and interest expense) 40.8% 48.29 07149 85.5%

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