Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 04, 2024

1 - You buy a stock on margin for $88 and sell it for $ 106. The margin requirement is 75%. What is your percentage

1 - You buy a stock on margin for $88 and sell it for $ 106. The margin requirement is 75%. What is your percentage return ? Please give your answer to 2 decimals. Answer: % VOD

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets And Institutions

Authors: Anthony Saunders, Marcia Cornett

4th Edition

0077262379, 978-0077262372

More Books

Students also viewed these Finance questions

Question

★★★★★

As treasurer of Tempe Corp., you are confronted with the following problem. Assume the one-year forward rate of the British pound is $1.59. You plan to receive 1 million pounds in one year. A...

Answered: 1 week ago

Question

★★★★★

How is the price of cocoa tracking?

Answered: 1 week ago

Question

★★★★★

John Smith has developed the following forecasting model: Y = 36 + 4.3X1 Where Y = Demand for K10 air conditioners X1 = the outside temperature (F) (a) Forecast the demand for K10 when the...

Answered: 1 week ago

Question

★★★★★

1 - You buy a stock on margin for $88 and sell it for $ 106. The margin requirement is 75%. What is your percentage return ? Please give your answer to 2 decimals. Answer: % VOD

Answered: 1 week ago

Question

★★★★★

what is the purpose of an entity relationship diagram? Should every entity in an entity relationship diagram have relationships to all other entities on the diagram

Answered: 1 week ago

Question

★★★★★

The price per gallon of gas data set has a mean of $2.98 and a standard deviation of $1.07. The high school SAT scores data set has a mean of 1015 and a standard deviation of 165. Calculate the...

Answered: 1 week ago

Question

★★★★★

7. Question 7 Refer to Step 3.3. In the "Unconstrained " or "Short Selling " version of the optimal risky portfolio, what is the portfolio mean ? Write your answer as a percentage ,with no percentage...

Answered: 1 week ago

Question

★★★★★

The synergy between the person, the team and the methods are fundamental to thestrategic management and success of any project. Examine the theory in the contextof the case study.

Answered: 1 week ago

Question

★★★★★

what knowledge must a manager have to influence organization members of multinational coepprations successfull? would it be easy for a manager to acquire such knowledge? why? how shpuld the manager...

Answered: 1 week ago

Question

★★★★★

An industrial health nurse implements a safe shoe and boot program in a manufacturing organization. Which components are important elements when implementing this program? Select all that apply. A....

Answered: 1 week ago

Previous Question Next Question