The stock pays 059 per share dividend each year if the, Financial Management

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The stock pays 059 per share dividend each year if the

An investor buys $19 thousand dollars of stock at $20 per share, using 53% initial margin. The broker charges 6% APR compounded daily on the loan, and requires a 35% maintenance margin. The stock pays $0.59 per share dividend each year. If the stock is sold at the end of the year at $24 per share, what is the investor's rate of return?

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