Question
You purchased 100 shares of Chipotle Mexican Grill, Inc. (CMG) common stock on margin at $431.79 per share. Assume the initial margin is 50% and
You purchased 100 shares of Chipotle Mexican Grill, Inc. (CMG) common stock on margin at $431.79 per share. Assume the initial margin is 50% and the maintenance margin is 30%. One year later, the stock price closes at $837.11. If the brokers call loan rate is 2.00%, what is your return on equity?
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
