Question
A stock moves from $75 at t = 0 to $65 at t = 1. If you buy it on margin (50%) , and assume
A stock moves from $75 at t = 0 to $65 at t = 1. If you buy it on margin (50%), and assume zero interest to borrow money from your broker, what is your return on equity over this time period?
| -0.36364 | ||
| -0.30769 | ||
| -0.26667 | ||
| -0.23529 | ||
| -0.21053 |
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Budgets And Financial Management In Higher Education
Authors: Margaret J. Barr, George S. McClellan
3rd Edition
1119287731, 9781119287735
