you have $8000 to invest. You also borrow $6000 at 4% interest and use your money plus the borrowed funds to make a $14000 investment into ABC stock, which is selling for $14 per share. One year later, you sell alll of the shares you own for $15 per share and repay the loan with interest. what is the rate of return on this investment?

Answer rating: 100% (QA)

To calculate the rate of return on this investment we need to determine the total cost o... View the full answer