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Suppose that Xtel currently is selling at $ 5 0 per share. You buy 9 0 0 shares using $ 3 6 , 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 a What is the percentage increase in the net worth of your brokerage account if the price of Xtel immediately changes to a $; b $; c $Leave no cells blank be certain to enter wherever required. Negative values should be indicated by a minus sign. Round your answers to decimal places. a Percentage gain b Percentage gain c Percentage gain
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
a What is the percentage increase in the net worth of your brokerage account if the price of Xtel immediately changes to a $; b $; c $Leave no cells blank be certain to enter wherever required. Negative values should be indicated by a minus sign. Round your answers to decimal places.
a Percentage gain
b Percentage gain
c Percentage gain
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