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2. An investor stats trading with an initial cash value of $10,000, in his trading account. He buys 200 Facebook stocks on margin at $
2. An investor stats trading with an initial cash value of $10,000, in his trading account. He buys 200 Facebook stocks on margin at $ 170 per share. If the margin lending rate is 5% a year continuously compounded and he sells all his holdings 8 months later at $ 180 his share, which of the below levels is the closest to his total realized retun?
A 5.9%
B 11.9%
C 12.0%
D 0.0%
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