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You purchase 100 shares of stock at $100 ($10,000); the margin requirement is 40 percent. What are the dollar and percentage returns if a) You
You purchase 100 shares of stock at $100 ($10,000); the margin requirement is 40 percent. What are the dollar and percentage returns if
a) You sell the stock for $112 and buy the stock on margin?
b) You sell the stock for $90 and buy the stock on margin?
c) You sell the stock for $60 and buy the stock on margin?
(i need details how you solve it step by step i want understand this quastion)
You purchase 100 shares of stock at $100 ($10,000); the margin requirement is 40 percent.
What are the dollar and percentage returns if
a) You sell the stock for $112 and buy the stock on margin?
b) You sell the stock for $90 and buy the stock on margin?
c) You sell the stock for $60 and buy the stock on margin?
(i need details how you solve it step by step i want understand this quastion)
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Marketing For Financial Advisors
Authors: Eric Bradlow, Keith Niedermeier, Patti Williams
1st Edition
