Question
You bought 110 shares of a stock on margin at a price per share of $157. You borrowed $6908 for the purchase. The stock immediately
You bought 110 shares of a stock on margin at a price per share of $157. You borrowed $6908 for the purchase. The stock immediately goes to $167 a share. What is your return if you were to close the position now?
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann
8th Edition
0071768467, 978-0071768467
