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Problem 4 - 0 2 You purchase 1 7 0 shares for $ 5 0 a share ( $ 8 , 5 0 0 )

Problem 4-02
You purchase 170 shares for $50 a share ($8,500), and after a year the price falls to $45. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense):
15 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
30 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
75 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%

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