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Suppose that XTel currently is selling at $ 4 0 per share. You buy 5 0 0 shares using $ 1 5 , 0 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 $; $; iii $Leave no cells blank be certain to enter wherever required. Negative values should be indicated by a minu sign. Round your answers to decimal places.
tablei Percentage gain,
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