Question: Problem 4 - 0 2 You purchase 1 6 0 shares for $ 7 0 a share ( $ 1 1 , 2 0 0

Problem 4-02
You purchase 160 shares for $70 a share ($11,200), and after a year the price falls to $65. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense):
a.15 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
b.50 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
c.80 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place.
%
Problem 4 - 0 2 You purchase 1 6 0 shares for $ 7

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