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Paint out of Rosetta bought 100 shares of Target stock at a price of $90 per share with an initial margin of 50 percent. She
Paint out of Rosetta bought 100 shares of Target stock at a price of $90 per share with an initial margin of 50 percent. She held the stock for one year, during which time the call money rate on her margin account was 8%. She finally sold the stock for $120 per share. What was Rosetta's return on equity (i.e., return on her own invested capital)? Select one: a. 25% O b. 33.3% c. 58.6% Od 66,696 O e. 50%
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