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33 Mary Margin decides to buy Disney stock. Each share currently trades at $25. She buys 400 shares. The initial margin is 60%. The call
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Mary Margin decides to buy Disney stock. Each share currently trades at $25. She buys 400 shares. The initial margin is 60%. The call money rate is 94. If the price moves to $28 after one year, what is the difference between the percentage change in the price and the percentage gain on her investment? 09 Her gain is 2 greater The price change is 2% greater Her gain is greater The price change is greater
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
