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helpppp Suppose you bought 300 shares for $20/ share 6 months ago. The stock doesn't pay dividends. You invested $3500 of your own money to
helpppp
Suppose you bought 300 shares for $20/ share 6 months ago. The stock doesn't pay dividends. You invested $3500 of your own money to do so, and borrowed the rest at a 7% annual interest rate. If the stock now trades for $14/ share, what is the equity/assets percentage in your account? 34.9% 33.6% 32.8% 36.3% 38.4% 37.1% Suppose you bought 300 shares for $20/ share 6 months ago. The stock doesn't pay dividends. You invested $3500 of your own money to do so, and borrowed the rest at a 7% annual interest rate. If the stock now trades for $14/ share, what is the equity/assets percentage in your account? 34.9% 33.6% 32.8% 36.3% 38.4% 37.1% Step by Step Solution
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