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You purchase 1 0 0 shares of BAC Stock at $ 3 0 . 0 0 per share using your margin account. The initial equity
You purchase shares of BAC Stock at $ per share using your margin account. The initial equity margin requirement is and you utilize all the debt allowed for the transaction. Your position carries a maintenance or minimum equity margin position of After several days of the purchase, you notice the price of BAC Stock is now $ per share. Assume you close your position and your interest cost is $ What is the return on your investment?
You purchase shares of BAC Stock at $ per share using your margin account. The initial equity margin requirement is and you utilize all the debt allowed for the transaction. Your position carries a maintenance or minimum equity margin position of After several days of the purchase, you notice the price of BAC Stock is now $ per share. Assume you close your position and your interest cost is $ What is the return on your investment?
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