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Suppose that XTel currently is selling at $ 3 0 per share. You buy 6 0 0 shares using $ 1 2 , 6 0
Suppose that XTel currently is selling at $ per share. You buy shares using $ of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is
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a What is the percentage increase in the net worth of your brokerage account if the price of xTel immediately changes to i $; ii $; ii $
Note: Leave no cells blank be certain to enter O wherever required. Negative values should be indicated by a minus sign. Round your answers to decimal places.
tablei Percentage gain,,
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