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Assuming no dividends and ignoring commissions compute a

Two years ago you bought 300 shares of Moo-Moo Milk Co. for $30 a share with a margin of 60%. Currently the Moo-oo stock is selling for $45 a share. Assuming no dividends and ignoring commissions, compute (a) the annualized rate of return on this investment if you had paid cash, and (b) your rate of return with the margin price.

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Basic Statistics: Assuming no dividends and ignoring commissions compute a

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