Question: Please double check your work and show all steps! Question 3 1 pts You purchase 531 shares of XYZ Co. stock on margin at a

Please double check your work and show all steps!

Please double check your work and show all steps! Question 3 1

Question 3 1 pts You purchase 531 shares of XYZ Co. stock on margin at a price of $34. Your broker requires you to deposit $6,110. A month later, you sell the stock at a price of $26. What is your return in percent? Answer to two decimals

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