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An investor buys 3 0 0 shares of stock selling at $ 6 5 per share using a margin of 6 2 % . The
An investor buys shares of stock selling at $ per share using a margin of The stock pays annual dividends of $ per share. A margin loan can be obtained at an annual interest cost of
Determine what return on invested capital the investor will realize if the price of the stock increases to $ within six months. What is the annualized rate of return on this transaction?
If the price of the stock increases to $ within six months, the sixmonth return on this transaction is
Round to two decimal places.
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