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5. Eiyan purchases 200 shares of Pfizer on margin for $45 per share. She sells her shares after one year for $52 per share. The
5. Eiyan purchases 200 shares of Pfizer on margin for $45 per share. She sells her shares after one year for $52 per share. The following information is also available: Dividend received on the stock = $1 per share Commission paid = $0.25 per share Leverage ratio = 2.5 Call money rate = 5% Government bill rate = 6% The total return on Emanuel's investment is closest to? (4)
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