Question
You purchased 900 shares of DBC at $47.42 per shares on your margin, which as an initial margin of 50% (or 0.50)You broker charges you
You purchased 900 shares of DBC at $47.42 per shares on your margin, which as an initial margin of 50% (or 0.50)You broker charges you (EAR) per year or your margin. After one year, you sell your shares at $50.37 per shares. After paying interest on your loan, what is your HPR?
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The Evolution Of Nordic Finance
Authors: Steffen Elkiær Andersen
2011th Edition
0230241557, 978-0230241558
