Emily bought 200 shares of ABC Co. at $29.00 per share with a 60% margin. Suppose you hold the stock for one year, and interest costs over the holding period will be $80. Ignoring commissions, what is the percentage return (loss) on invested capital if the stock price drops 10%?

Answer rating: 100% (QA)

If Emily bought 200 shares of ABC Co at 2900 per share with a 60 margin it means th... View the full answer