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The stock of Branwald Inc. sold at the beginning of the year for $60 per share. At that time BeerFoot BC shot sold 1,000 shares
The stock of Branwald Inc. sold at the beginning of the year for $60 per share. At that time BeerFoot BC shot sold 1,000 shares of the stock. The initial margin requirement was 50%. Branwald stock has isen to $70 at the end of the year, and BeerFoot BC faced no margin calls in the inteim. Futher, the stock paid a $3 dividend (per share) at the end of the year. Calculate BeerFoots retun on this investment
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