Question: you obtain $ 1 0 0 0 0 margin loan at an annual rate of 5 . 5 % to buy 1 5 0 shares

you obtain $10000 margin loan at an annual rate of 5.5% to buy 150 shares of IBM $190. Nine months later you sold all the shares at $210. During the hold period you recieved a total dividend of $390. What is your $ profit and Holding period return (HPR%) of your investment?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

The Little Steel Company is a small steel fabricator that makes steel parts for various metal machine shop clients. When Little Steel Company receives an order from a client, it must locate and...

Q:

Which sections of the attached report could be the most useful for understanding the company's strategic direction and cash allocations for innovation? The increasing number of accounting rules and...

Q:

After reading the attached Article answer the below question with assignment (5 paragraphs) Which sections of the attached report could be the most useful for understanding the company's strategic...

Q:

please use spreadsheets and show formulas Sectic ; PLEASE DO NOT INSERT LINES OR COLUMNS AND DO NOT COPY AND PASTE FORMULAS FROM OTHER SPREADSHEETS 5 Use the Blue Area to do your calculations. Fill...

Q:

please use spreadsheet and show formulas Sectie mino 9 10 PLEASE DO NOT INSERT UNES OR COLUMNS AND DO NOT COPY AND PASTE FORMULAS FROM OTHER SPREADSHEETS Use the Blue Area to do your calculations....

Q:

1. A bank is paying interest at a 5% annual rate on deposits. If you invest 10,000 and the bank compounds interest daily (i.e., 365 times per year), which of the following shows how much you will...

Q:

Can anyone solve the answers from the given document givenbelow? I really need help. MY FINAL LITERALLY IS KNOCKING AT THE DOOR. Name_________________________________ Student...

Q:

Question 1 4 pts You decide to buy a 60 unit apartment complex in Austin for $15,000,000. You have $6,000,000 to use as a down payment and have applied for a $9,000,000 mortgage loan from Bank of the...

Q:

Home Insert Draw Page Layout Formulas Data >> Tell me Share Comments LO A %. FO Clipboard Font Conditional Formatting E Format as Table Alignment Number Alignment E Cell Stylos fix loan...

Q:

You obtain a 4 0 % Margin Loan ( Loan / Value ) at annual rate of 4 % to buy 1 5 0 shares of IBM $ 1 9 0 . After 6 months later you sold all the shares at $ 2 1 5 . During the hold period you...

Q:

I need help on the Boulder Public School Case Study . There are three questions asked at the end of the case study. HBSP Product Number TCG239. Rev. Oct. 2015 THE CRIMSON PRESS CURRICULUM CENTER THE...

Q:

Fragmentation on a storage device could be eliminated by recompaction of the information. Typical disk devices do not have relocation or base registers (such as are used when memory is to be...

Q:

On excel how can I fit a logistic regression model using simple linear regression model as the structure for the linear predictor please explain with formulas to use not solve and how do I know if...

Q:

Complete the journal entries and accounts listed in the requirements

Q:

Which of the following describes supply and demand analysis? Multiple select question. A qualitative tool Mostly quantitative A forecasting tool Use to predict pricing trends

Q:

Define each of the following terms: a. compensation b. direct financial compensation c. indirect financial compensation d. nonfinancial compensation

Q:

Discuss the difference between pay-for-performance and person-focused pay.

Q:

4. Do you perceive any relationship-level meanings that arent being addressed in this conversation? Apply what youve learned in this chapter by analyzing the following case study, using the...