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Katrina bought 100 shares of ABC Co. stock for GHS58.00 per share on 60% margin. Assume she holds the stock for one year and that
Katrina bought 100 shares of ABC Co. stock for GHS58.00 per share on 60% margin. Assume she holds the stock for one year and that her interest costs will be GHS160 over the holding period. Ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%? *
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