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What is the difference between bullish and bearish investor sentiment and What is the appropriate investing strategy in each sentiment? Now suppose you are bullish
What is the difference between bullish and bearish investor sentiment and What is the appropriate investing strategy in each sentiment? Now suppose you are bullish on the NGM Biopharmaceuticalss common stock which currently has a market price of $25 per share. You decide to invest $20,000 of your own money and you borrow $15,000 from your broker in order to buy 1400 shares of NGM stock. The broker charges 10% interest on the loan. In one year, you sell the stock for $30. Calculate your rate of return.
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