subject
Business, 18.09.2019 20:20 083055

Three months ago, trevor purchased 500 shares of stock at a cost per share of $64.20. the purchase was made on margin with an initial margin requirement of 65 percent. trevor pays 1.6 percent over the call money rate of 4.8 percent. what will his total dollar return be on this investment if he sells his shares today at a price per share of $63.40? ignore dividends.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:50
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
question
Business, 22.06.2019 17:00
Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
Answers: 2
question
Business, 22.06.2019 21:30
Which is the most compelling reason why mobile advertising is related to big data?
Answers: 1
question
Business, 23.06.2019 14:30
List the four stages of ability development. provide an example of a person developing a specific ability. what would each stage look like? career planing
Answers: 1
You know the right answer?
Three months ago, trevor purchased 500 shares of stock at a cost per share of $64.20. the purchase w...
Questions
question
Biology, 04.08.2019 12:00
Questions on the website: 13722367