The stock was originally purchased at 25 per share and in 1, Financial Management

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The stock was originally purchased at 25 per share and in 1

An investor puts up $6,000 but borrows an equal amount of money from his broker to double the amount invested to $12,000. The broker charges 9% on the loan. The stock was originally purchased at $25 per share, and in 1 year the investor sells the stock for $30. The investor's rate of return was?

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