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Tom purchased 200 shares of stock for exist29 a share and sold them 24 months later for exist31 a share. The initial margin requirement was
Tom purchased 200 shares of stock for exist29 a share and sold them 24 months later for exist31 a share. The initial margin requirement was 50%. He received no dividend income. What was his holding period return (over the 24 months) taking into account his margin investment? Ignore margin interest and trading costs. (Your answer will be a % but just enter the number rounded to one decimal place and assuming the % sign. In other words, if you come up with an answer of 10.1%, just enter 10.1.) Your Answer: ____ Answer You purchased stock in Facebook for exist29 a share and sold the stock 6 months later for exist22 a share. The initial margin requirement was 50 percent. You didn't get any dividend income. What was your holding period return (over the 6 months) taking into account his margin investment? Ignore margin interest and trading costs. (Your answer will be a % but just enter the number rounded to one decimal place and assuming the sign. In other words, if you come up with an answer of 10.1%, just enter 10.1.)
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