Question: Moving to another question will save this response. Question 19 of 203 Question 19 4 points Save Answer You purchased 100 shares of common stock

Moving to another question will save this response. Question 19 of 203 Question 19 4 points Save Answer You purchased 100 shares of common stock on margin for $35 per share. The initial margin is 50% and the stock pays no dividend. What would your rate of return be if you sell the stock at $42 per share? Ignore interest on margin. (Show reasons/calculations to support your answer)

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