4 Multiple Choice 3 points Suppose Kevin has a good deal of equity in his house, and he takes out a home equity loan of $50,000 with an interest rate of 6.5%. Now, he invests $57,000 (the borrowed money plus his original $7,000) in a diversified portfolio of stocks. Suppose the investment earns 15% in the first year, and he then sells the investment and pays off the loan of $50,000 plus interest of $3,250. What is his net gain or loss? (Ignore taxes) ($3,250) $5,300 $12,300 O $53,250