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The following information relates to a leveraged investment:
| Purchase price | $100/share |
|---|---|
| Sales price | $110/share |
| Shares purchased and subsequently sold | 10,000 |
| Leverage ratio | 2.5 |
| Call money rate, per annum | 5% |
| Dividends received | $5/share |
| Holding period | 1 year |
The return on investment is closest to: