QuestionQuestion #10: At the beginning of 2010, Sally purchased Besham stock on margin. The initial margin requirement is 60 percent and the broker loan rate is 10 percent. Sally invested $15,000 of her own funds and margined the maximum amount allowed by the broker to purchase Besham stock. At the time, the purchase price of the stock was $50 a share. No dividends were paid during the year, and the stock was sold for $48 a share at the end of the 2010. What is the one-year holding period return for this investment?