eBook Problem 4-02 You purchase 70 shares for $50 a share ($3,500), and after a...
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eBook Problem 4-02 You purchase 70 shares for $50 a share ($3,500), and after a year the price falls to $40. 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. 25 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place. b. 70 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place. % C. 85 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place. % Grade it Now Save & Continue ve without saying
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