Question: In the previous problem, suppose the call money rate is 5 percent and you are charged a 1.5 percent premium over this rate. Calculate your

In the previous problem, suppose the call money rate is 5 percent and you are charged a 1.5 percent premium over this rate. Calculate your return on investment for each of the following share prices one year later. Ignore dividends.
a. $96
b. $84
c. $62 Suppose instead you had simply purchased $15,000 of stock with no margin. What would your rate of return have been now?

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