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A B C D E F 9 G H You obtain $10,000 margin loan with 5% interest to buy 120 shares of IBM $240. A

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A B C D E F 9 G H You obtain $10,000 margin loan with 5% interest to buy 120 shares of IBM $240. A year later you sold all the shares at $265. During the hold period you received a total dividend of $500. What is your $ profit and return of your investment K 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ANSWERS 25 $ Profit = 26 HPR% =

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