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If a person borrows 80% of the value of an asset that is $200 (20% of the value is equity) to buy it and the
If a person borrows 80% of the value of an asset that is $200 (20% of the value is equity) to buy it and the return on the asset is -6% and the cost of the debt borrowed is 8%, then the return on the equity invested is _____
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
