10

Emily bought 200 shares of ABC Co. stock for $30 per share on 60% margin. Assume she holds. 10 the stock for 3 months and that her interest costs 10% over the holding period. Ignoring commissions, also she received dividends amounting to $0.30 per share what is her percentage Preturn (loss) on invested capital if the stock price went down 20% 2 (2 ) A) -32.5% O B) -33.3% C) -20.2% D) -22.3% E) 55.83%