Lisa Lasher buys 400 shares of stock on margin at $18 per share. If the margin requirement is 50 percent, how much must the stock rise for her to realize a 25 percent return on her invested funds? (Ignore dividends, commissions, and interest on borrowed funds.)
Answer to relevant QuestionsLast year Leather Boot, Inc. had investments in Paris worth 500,000 euros. At that time, the euro was worth $1.20. Today the euro is trading for $1.30. What is the gain or loss in value of the inventory expressed in dollars ...You annually invest $1,500 in an individual retirement account (IRA) starting at the age of 20 and make the contributions for 10 years. Your twin sister does the same starting at age 30 and makes the contributions for 30 ...You purchase a stock for $20 and expect its price to grow annually at a rate of 8 percent. a. What price are you expecting after five years? b. If the rate of increase in the price doubled from 8 percent to 16 per cent, ...Each year you invest $2,000 in an account that earns 5 percent annually. How long will it take for you to accumulate $50,000? You purchase a stock for $10,000 and collect $400 at the end of each year in dividends. You sell the stock for $11,300 after four years. What was the annual return on your $10,000 investment?
Post your question