Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 08, 2024

You bought 100 shares of INTC for $68 using 54% initial margin. You just sold the stocks for $65. What is the return on your

You bought 100 shares of INTC for $68 using 54% initial margin. You just sold the stocks for $65. What is the return on your invested capital? Ignore any transaction costs and interest charged. Answer in %.

Please show how you get it

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Valuation Measuring And Managing The Value Of Companies

Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin

3rd Edition

0471361909, 978-0471361909

More Books

Students also viewed these Finance questions

Question

★★★★★

ÎG°, for the isomerization reaction glucose-1-phosphate (GIP) glucose-6-phosphate (G6P) is -7.1 kj mol-1. Calculate the equilibrium ration of [GIP] to [G6P] at 25°C.

Answered: 1 week ago

Question

★★★★★

A 20-acre field is divided into l-acre plots, with the plots randomly assigned to one of four groups. For each plot fertilizer is either applied (F) or not applied (NF). For each plot, water is...

Answered: 1 week ago

Question

★★★★★

71. The mode of a numerical data set is the value that occurs most frequently in the set. a. Determine the mode for the cadence data given in Exercise 70. b. For a categorical sample, how would you...

Answered: 1 week ago

Question

★★★★★

A friend named Jay Barlow has asked what effect certain transactions will have on his company. Time is short, so you cannot apply the detailed procedures of journalizing and posting. Instead, you...

Answered: 1 week ago

Question

★★★★★

E 5-2. E5-2 (Clasificacin de Cuentas de Balance) A continuacin se presentan los rubros de Faulk Company

Answered: 1 week ago

Question

★★★★★

High electricity costs have made Farmer Corporations chicken-plucking machine economically worthless. Only two machines are available to replace it. The International Plucking Machine (IPM) model is...

Answered: 1 week ago

Question

★★★★★

ENTS 2015 99. The probability that a senior HS student in NJ is enrolled in an AP class is 0.32. Sarah randomly selects 6 seniors from NJ. Let X = number of seniors that are enrolled in AP classes....

Answered: 1 week ago

Question

★★★★★

Noguchi Company manufactures cooling systems. Noguchi produces all the parts necessary for its product except for one electronic component, which is purchased from two local suppliers: Manzer Inc....

Answered: 1 week ago

Question

★★★★★

Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution...

Answered: 1 week ago

Question

★★★★★

Kelly Corporation had these transactions during 2017 (2pts.). Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity....

Answered: 1 week ago

Question

★★★★★

Is technology indeed making processes such as damage assessment more comprehensive and safer for responders? Discuss.

Answered: 1 week ago

Question

★★★★★

What will you do or say to Anthony about this issue?

Answered: 1 week ago

Question

★★★★★

A Many celebrities (including Ricky Martin, Selena Gomez, Laurence Fishburne, and Edward Norton) work with the United Nations as goodwill ambassadors for a variety of specific causes. Why do you...

Answered: 1 week ago

Question

★★★★★

C Do many Americans dismiss the plight of refugees as something that is not a problem? Does putting a human face on displaced people make them seem more real?

Answered: 1 week ago

Previous Question Next Question