You purchase 100 shares for 45 a share 4500 and after a


Question: You purchase 100 shares for $45 a share ($4500), and after a year the price rises to $55. What will be the percentage return on investment If you bought stock on margin and the margin requirement is 25%, ignoring commissions, dividends, and interest?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: You purchase 100 shares for 45 a share 4500 and after a
Reference No:- TGS02853927

Expected delivery within 24 Hours