Question: > Moving to another question will save this response. Question 3 You purchase 398 shares of 2nd Chance Co. stock on margin at a price

> Moving to another question will save this response. Question 3 You purchase 398 shares of 2nd Chance Co. stock on margin at a price of $53. The initial margin requirement is 64 percent. What is your percentage rate of return if the stock price is $63 when you sell the stock? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) -> A Moving to another question will save this response. VO2:18 ENG 4) = 2 TT-/-/

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