Helen purchased 200 shares of Terabithia common stock on margin at $50 per share. Assume the initial
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Question:
1) What will be Helen's rate of return if the stock of Terabithia goes up to $55 during the next year? Assume no dividend during the year. Interest on margin call is 5% per annum.
2)What would be Helen's rate of return if Helen invested with her own money only?
Related Book For
Fundamentals Of Investing
ISBN: 9781292153988
13th Global Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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