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You purchase 300 shares of HON at $92 per share on margin with 75% margin ratio (25% is financed by debt). If the price changes
You purchase 300 shares of HON at $92 per share on margin with 75% margin ratio (25% is financed by debt). If the price changes to $76 after 3 months (90 days), and the interest rate on the margin loan is 8%, what is your net percentage return on this position?
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School Finance A Policy Perspective
Authors: Allan Odden, Lawrence Picus
5th Edition
0078110289, 978-0078110283
