Question: Problem 4 - 0 8 Lisa Lasher buys 4 4 0 shares of stock on margin at $ 2 6 per share. If the margin

Problem 4-08
Lisa Lasher buys 440 shares of stock on margin at $26 per share. If the margin requirement is 50 percent, how much must the stock rise for her to realize a 50-percent
return on her invested funds? (Ignore dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent.
$
Problem 4-08 Lisa Lasher buys 440 shares of stock on margin

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