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Shares 1 , 0 0 0 Initial margin req 5 0 % Maintenance margin req 3 0 % broker call rate 7 . 2 5

Shares 1,000
Initial margin req 50%
Maintenance margin req 30%
broker call rate 7.25%
You took out a margin loan and bought a stock for $10 a share. You sold the stock 18 months later at $20 a share. What was your return?
a 18.91%
b None of the answers is correct
c 189.1%
d $1.891

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