Percent return on her invested funds, Finance Basics

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Percent return on her invested funds

Problem:

Lisa Lasher buys 400 shares of stock on margin at $18 per share. if the margin requirement is 50 percent, how much must the stock rise for her to realize a 25 percent return on her invested funds?

Note: Please show how you came up with the solution.

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Finance Basics: Percent return on her invested funds

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Finance Basics: Percent return on her invested funds

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