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4 months ago you bought 1 1 7 of ABC company at a price of $ 1 0 . 7 7 per share. To finance
months ago you bought of ABC company at a price of $ per share. To finance this, you borrowed $ from a broker at an EAR of Today, you just sold all the stock at a price of $ each and fully repaid your loan including the interest owing. Knowing this, what is your ANNUALIZED rate of return on equity ROE
Hint: Recall that equity at any time is equal to the assets at that time less any liabilities at that same time
Note: Please give your answer in percent so that you write to represent
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