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PERCENTAGE RETURN ON YOUR INVESTMENT

PERCENTAGE RETURN ON YOUR INVESTMENT

I am not looking for the answer but the formula so I can come up with the answer. If anyone can help me on how to answer the question that would be SIMPLY AWESOME! You purchase 100 shares for $50 a share ($5,000), and after a year the prices rises to $60. What will be the percentage return on your investment if you bought the stock on margin and the margin requirement was (a) 25 percent, (b) 50 percent, and (c) 75 percent? •

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