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Problem $4-01$

You purchase $100$ shares for $$70$ a share $($$$7,000),$ and after a year the price rises to $$80.$ Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was $($ignore commissions, dividends, and interest expense$)$:

a$.25$ percent. Round your answer to one decimal place.

$\%$

b$.40$ percent. Round your answer to one decimal place.

$\%$

c$.85$ percent. Round your answer to one decimal place.

$\%$

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