You have an initial wealth of £500. You borrow £300 at 3% annual interest, and invest the total of £800 in stock XYZ. If

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answerhappygod
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You have an initial wealth of £500. You borrow £300 at 3% annual interest, and invest the total of £800 in stock XYZ. If

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You have an initial wealth of £500. You borrow £300 at 3% annual interest, and invest the total of £800 in stock XYZ. If XYZ' stock earns a net simple return of 25% next year, what is your net simple portfolio return (after paying off the debt)?
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