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Business, 18.06.2021 15:30 vale1881

You are bullish on AAPL stock. The current price is $175/share and you have $5,000 of your own to invest. You then borrow an additional $2,500 from your broker at an interest rate of 7.5% per year and invest a total of $7,500 in the stock. If AAPL does not pay a dividend, what is your return if AAPL stock remains unchanged over the year

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