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Homework answers / question archive / I open a brokerage account and prchase 500 sharesof Internet Dreams at 50$ per share
I open a brokerage account and prchase 500 sharesof Internet Dreams at 50$ per share. She borrows 12000$ from her broker to help pay for the purchase. The interest rate on the loan is 7.5%. If the share price is 56%per share at the end of the year, what is the rate of return on her investment?