Suppose that in the IBM example above, the investor borrows only $5,000 at the 3.5 same interest
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Suppose that in the IBM example above, the investor borrows only $5,000 at the 3.5 same interest rate of 9% per year. What will the rate of return be if the price of IBM goes up by 30%? If it goes down by 30%? If it remains unchanged?
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Related Book For
Essentials Of Investments
ISBN: 9780073368719
7th Edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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