Suppose you take out a margin loan for $65,000. The rate you pay is an 8.7 percent

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Suppose you take out a margin loan for $65,000. The rate you pay is an 8.7 percent effective rate. If you repay the loan in six months (or 180 days), how much interest will you pay?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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