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You purchased 400 shares of a non-dividend paying stock at $50.00 per share using 50% margin at a 10% annual interest rate. A year later
You purchased 400 shares of a non-dividend paying stock at $50.00 per share using 50% margin at a 10% annual interest rate. A year later you sold the stock for $43.19 and paid your annual interest on the margin loan. You paid $25 in commission in total. What was your total loss on this investment? Your Answer: Answer Question 14 ( 0.15 points) You just purchased a high-grade corporate bond with a face value of $1000. The coupon rate is 4%. How much to you expect to be paid in coupon payments over the next year
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