Calculate the return on investment

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You take a long position in 400 shares of NIFTY stock priced at $55 on full margin, Interest on your margin loan is 5%. Transaction costs are $20 on both ends.

When the stock increases to $72, 3 month later, calculate the return on investment

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132021897

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