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You obtain a 4 0 % Margin Loan ( Loan / Value ) at annual rate of 4 % to buy 1 5 0 shares

You obtain a

40 %

Margin Loan

(

Loan

/

Value

)

at annual rate of

4 %

to buy

150

shares of IBM $

190 .

After

6

months later you sold all the shares at $

215 .

During the hold period you recieved a $

3.50

per share dividend. What is your $ profit and return of your investment

(

Please pay attention of the time of sale

) .

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Initial Investment Bought 150 shares of IBM at 190 per share so the total cost was 150 190 28500 Mar... blur-text-image

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