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res OT Trey purchase STOCK for $50 per share. Trey pays $3,000 in cash and borrows $4,500 from his broker at 15 percent interest to
res OT Trey purchase STOCK for $50 per share. Trey pays $3,000 in cash and borrows $4,500 from his broker at 15 percent interest to complete the purchase. One year later, Trey sells the stock for $60 per share. Trey's return if the stock paid no dividends during the year is 17.5 percent 10.0 percent 27.5 percent 7.0 percent 48.4 percent
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