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Assume that stock Jis priced at $95/share and pays a dividend of $03/share. An investor purchases the stock al marin 50% and borrowing the remainder
Assume that stock Jis priced at $95/share and pays a dividend of $03/share. An investor purchases the stock al marin 50% and borrowing the remainder from the broker at 10% If her one year, the stock is sold at a price of $126/share. What is the return to the investor? For example, if you find that the return is 20.23 percent, type 20.23* in the box below
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