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Jason bought 100 shares of ABC Co. stock for $58.00 per share on 65% margin. The...

Jason bought 100 shares of ABC Co. stock for $58.00 per share on 65% margin. The maintenance margin is 30%. Assume he holds the stock for three months and that his interest costs will be 9% per year over the holding period. He gets a dividend payments of $0.75 per shares during this three months period. What is his approximate percentage return on invested capital if the stock price went up by 5%?

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