Question
You purchase 160 shares for $50 a share ($8,000), and after a year the price falls to $45. Calculate the percentage return on your investment
You purchase 160 shares for $50 a share ($8,000), and after a year the price falls to $45. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense):
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15 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
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30 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
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80 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
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