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please hurry ..20 minutes You purchased 100 shares of IBM common stock on margin at $107 per share. Assume the initial margin is 60%, and
please hurry ..20 minutes
You purchased 100 shares of IBM common stock on margin at $107 per share. Assume the initial margin is 60%, and the maintenance margin is 20%. Assume the stock pays no dividend; ignore interest on margin.
How much do you borrow?
Below what stock price level would you get a margin call?
What will be the percentage rate of return for a stock price of $100 at the end of one year holding period?
How much of your initial money do you invest? 1 point
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