elizabethcswind4501 elizabethcswind4501
  • 18-03-2020
  • Business
contestada

You purchased 100 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance margin is 30%. What is your rate of return if you sell the stock at $40 per share

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keaghen07
keaghen07 keaghen07
  • 18-03-2020

Answer: 56

Explanation:

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