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Suppose you have $10,000 in cash, and you decide to borrow another $10,000 at a 4.9% interest rate to invest $20,000 in a stock ABC
Suppose you have $10,000 in cash, and you decide to borrow another $10,000 at a 4.9% interest rate to invest $20,000 in a stock ABC with a 16% expected return and a 20% volatility. What is your realized return, if ABC goes down 17% over the course of the year? Report your answer in decimal form, round to 4 decimal places.
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