Josh has $50000 and uses a margin loan from his broker.....

ad less Warnings appear when half the time, 5 minutes, 1 minute, tiple This test allows 3 attempts. This is attempt number 1. empts ce Once started, this test must be completed in one sitting. Do not leave the test before clicking Save and Submit mpletion Your answers are saved automatically emaining Time: 47 minutes, 21 seconds. Question Completion Status: QUESTION 1 Josh has $50000 and uses a margin loan from his broker to double the amount for investing to $100000. He uses that money to buy shares of Thornscape at 560 per share. After 3 month(s) he sells the shares for 555 per share. The broker charges 7.5% on the loan. What is joslys rate or return? -16.67 -18.54% -8.33% -20.42% QUESTION 2 Click Save and Submit to save and submit. Click Save AR Answers to save all answers