Question: 3: Chapter 4 EOC Problems ment: Assignment 3: Chapter 4 EOC Problems Save ons Check My Work eBook Problem 4-08 Lisa Lasher buys 440 shares
3: Chapter 4 EOC Problems ment: Assignment 3: Chapter 4 EOC Problems Save ons Check My Work eBook Problem 4-08 Lisa Lasher buys 440 shares of stock on margin at $23 per share. If the margin requirement is 50 percent, how much must the stock rise for her to realize a 15- percent return on her invested funds? (Ignore dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent. 0$ Hide Feedback Incorrect. O 3 2 O B Assignment Score: 87.509 Submit Assignment for Grading Question 8 of 8
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