Business
Business, 13.04.2021 01:20, tanviknawale

Julie Martin bought stock for $3,000, using $2,000 of her own money and $1,000 borrowed from the broker. One month later, the stock is sold for $3,850. Interest owed to the broker is $15; brokerage commissions to buy and sell the stock totaled $150. What is the rates of return?

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Julie Martin bought stock for $3,000, using $2,000 of her own money and $1,000 borrowed from the bro...

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