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You buy 100 shares of stock at $20 per share on margin of 40 percent.  If the...

You buy 100 shares of stock at $20 per share on margin of 40 percent.  If the price of the stock rises to $40 per share, what is your percentage gain in equity?  Disregard interest costs.

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ANSWER : 250%

jeff jeffy answered 12 hours ago
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