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You invested $9000 of your own money and borrowed $9000 from your broker to purchase shares of a company trading at a share price of
You invested $9000 of your own money and borrowed $9000 from your broker to purchase shares of a company trading at a share price of $2. You paid 10% interest on your borrowed money for one year. You sold the stock one year later for $1.74. How much money in total did you lose on this transaction including the interest you paid? Your Answer: Answer Question 7 (0.5 points) A mutual fund has total assets of $508 million, total liabilities of $10 million, and a total number of shares of 88 million. What is the fund's net asset value (NAV) per share? Your
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