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Business, 19.02.2020 03:35 franvelpaulino2191
An investor puts up $5,000 but borrows an equal amount of money from his broker to double the amount invested to $10,000. The broker charges 7% on the loan. The stock was originally purchased at $25 per share, and in 1 year the investor sells the stock for $28. The investor's rate of return was .
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An investor puts up $5,000 but borrows an equal amount of money from his broker to double the amount...
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