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You purchase 1 0 0 shares of stock at $ 8 0 . The margin requirement is 3 0 % . The data has been
You purchase shares of stock at $ The margin requirement is
The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Round your answers for dollar returns to the nearest dollar and your answers for percentage returns to two decimal places. Use a minus sign to enter a negative value, if any. If your answer is zero, enter
Open spreadsheet
a What are the dollar and percentage returns if you sell the stock for $ and bought the stock for cash?
Dollar return: $
Percentage return:
b What are the dollar and percentage returns if you sell the stock for $ and bought the stock on margin?
Dollar return: $
Percentage return:
c What are the dollar and percentage returns if you sell the stock for $ and bought the stock on margin?
Dollar return: $
Percentage return:
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