Suppose that in addition to your own $3000, you borrowed an additional $1000 to invest a total
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Question:
Suppose that in addition to your own $3000, you borrowed an additional $1000 to invest a total of $4000 in Stock A. You again bought the shares on Jan 10 and sold them on Jan 25, both at closing prices. What would be your profit/loss from this investment? What would be your rate of return on this investment?
Stock A: adj close on 1/10 is $51.04, adj close on 1/25 is $52.02, shares outstanding is 148.66M.
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