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A year ago, Kim Altman purchased 180 shares of BLK, Inc. for $38.50 on margin. At that time the margin requirement was 50 percent. If
A year ago, Kim Altman purchased 180 shares of BLK, Inc. for $38.50 on margin. At that time the margin requirement was 50 percent. If the interest rate on borrowed funds was 8 percent and she sold the stock for $46.50, what is the percentage return on the funds she invested in the stock? Round your answer to two decimal places. %
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Handbook Of Digital Currency Bitcoin Innovation Financial Instruments And Big Data
Authors: David Lee Kuo Chuen
1st Edition
0128021179, 978-0128021170
