If you invest $100 in a stock, borrowing 90 percent of the $100 at 10 percent interest,

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If you invest $100 in a stock, borrowing 90 percent of the $100 at 10 percent interest, and the stock price rises by 20 percent, what is the return on your investment?

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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