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azan bought 600 shares of a certain company for JD 58 a share. He sold those shares 7 months later for JD 54 per share.
azan bought 600 shares of a certain company for JD 58 a share. He sold those shares 7 months later for JD 54 per share. The initial margin requirement is 60 percent and the maintenance margin is 40 percent. Calculate his holding period return in the case he bough the shares strictly by cash and in the case if he had extended credit from his broker ignoring any margin interest and any trading costs
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