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- On 23 October 2023 , you invested US $500,000, and 50% was your equity. - On 23 November 2023, you sold your investment and
- On 23 October 2023 , you invested US $500,000, and 50% was your equity. - On 23 November 2023, you sold your investment and closed your positior market. - The interest cost on the borrowed amount was 7.35% annually. - The brokerage commission on purchase and sale was 0.0175%. - Assuming no dividend was paid during this holding period. - Calculate the HPYs for each investment and your portfolio. - What is your overall return (HPY) using margin transactions? - What is your overall return (HPY) without using margin transactions? (Pleas
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