The return on your own money will equal the return

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You buy 200 shares of XYZ at $40 per share. You borrow half of the purchase price at 6% annual rate and use your own money for the other half of the purchase price. The return on your own money will equal the return on the XYZ shares when the return on the XYZ shares is?

Reference no: EM131317101

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The return on your own money will equal the return : You buy 200 shares of XYZ at $40 per share. You borrow half of the purchase price at 6% annual rate and use your own money for the other half of the purchase price. The return on your own money will equal the return on the XYZ shares when the return ..

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