Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. ebook problem 4-08 lisa lasher buys 400 shares of

ebook Problem 4-08 Lisa Lasher buys 400 shares of stock on margin at $18 per...

90.2K

Verified Solution

Question

Finance

image

ebook Problem 4-08 Lisa Lasher buys 400 shares of stock on margin at $18 per share. If the margin requirement is 70 percent, how much must the stock rise for her to realize a 25-percent return on her invested funds (Ignore dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent. $ Grade it Now Save & Continue Continue without saving

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

At Burnt Mesa Pueblo, archaeological studies have used the method of tree-ring dating in an effort...

Statistics
Q

A) At what angular frequency is the voltage amplitude across the resistor in anL-R-C series circuit at...

Physics
Q

1. Discuss probability calculations as it would pertain to coin tosses. cards being drawn from a deck...

Basic Math
Q

Which three stipulations form Darwin s concept of natural selection Select the three answers that...

Biology
Q

1 point A uniform electric field is established on two plates that are 0 0300m...

Physics
Q

The table below summarizes the amount of milk consumed by a sample of 33 families...

Geometry
Q

From a group of 7 people you randomly select 2 of them What is the...

Algebra
Q

Find the distance, d, between (-1,2) and (3,4), and find the midpoint, M, between these...

Algebra
Q

The budgeted and actual results of Powers Inc. for the month of...

Accounting
Q

answer this question with detail explanation 1.1 Complete the gaps in the following...

Accounting
Q

! Required information [The following information applies to the questions displayed below.) This year Jack...

Accounting
Q

Statement of Cash FlowsIndirect Method The comparative balance sheet of Whitman Co. at December 31,...

Accounting