[Answered] You are bullish on Telecom stock. The current market price is $52 per share, and you have $13,000 of your

You are bullish on Telecom stock. The current market price is $52 per share, and you have $13,000 of your own to invest. You borrow an additional $13,000 from your broker at an interest rate of 8.2% per year and invest $26,000 in the stock. a. What will be your rate of return if the price of Telecom stock goes up by 10% during the next year

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