You purchased 250 shares on margin for $25 per share. The initial margin is 65% and the share pays no dividend. Your rate of return would be ________ if you sell the share at $32 per share. (Ignore interest on margin.)

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The Answer of You purchased 250 shares on margin for $25 per share. The initial margin is 65% and the share pays no dividend. Your rate of return would be ________ if you sell the share at $32 per share. (Ignore interest on margin.)

You Purchased 250 Shares on Margin for $25 Per Share