Question: 4 points Use the following information to solve for FIVE QUESTIONS. Therefore, questions ( # 1 1 - # 1 5 ) will be based
points
Use the following information to solve for FIVE QUESTIONS. Therefore, questions # # will be based on this same information.
DO NOT ROUND YOUR INTERIM CALCULATIONS FOR ACCURATE RESULTS.
Six months ago, you purchased shares of stock on margin. The initial margin requirement on your account is and the maintenance margin is The call money rate
plus the spread is The purchase price was $ per share.
Today, you sold these shares for $ each.
QUESTION # What is your Holing Period Return HPR and Effective Annual Return EAR
ANSWER # approximately HPR
and EAR
WRITE YOUR ANSWER IN A PERCENTAGE FORMAT WITH ONLY INTEGERS WITHOUT THE SIGN
for example, should be written as rather than
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