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Chapter 11 Financial Planning Exercise 4 Calculating profits on margined and unmargined investments claire Gerher wants to buy s00 shares of Gaagle, which isseling in
Chapter 11 Financial Planning Exercise 4 Calculating profits on margined and unmargined investments claire Gerher wants to buy s00 shares of Gaagle, which isseling in tha markat for $345.09 a share. Rather than liquidate all her savings, sha decides to borrow through her broker at percent a year. Assuma that the margin requirement on comman stock is so percent. If the stock rises to $615 a share over the next year, calculate the dolar profit and percentaqe reburn that Claire akes the investment with 50 percent margin. res to what she'd make if she uses no margi. would earn if she m Contrast these fi alculate the dollar net profit. Round the answers to the nearest dollar Without Margin with 50% Margin Caloulate the returr o investment.Round the answers to two deomal places without Margin with 50%, Margin 23%
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