The stock pays 085 per share dividend each year if the


An investor buys $17 thousand dollars of ABT stock at $20 per share, using 58% initial margin. The broker charges 6% APR compounded daily on the loan, and requires a 35% maintenance margin. The stock pays $0.85 per share dividend each year. If the stock is sold at the end of the year at $21 per share, what is the investor's rate of return?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The stock pays 085 per share dividend each year if the
Reference No:- TGS02685265

Expected delivery within 24 Hours