Mathematics, 15.02.2021 06:20 rosetoheart2
You purchase 80 shares for $70 a share ($5,600), and after a year the price rises to $80. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was 15%, 50% and 75% (ignore commissions, dividends, and interest expense):
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You purchase 80 shares for $70 a share ($5,600), and after a year the price rises to $80. Calculate...
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