You purchased 300 shares of common stock on margin for 60
You purchased 300 shares of common stock on margin for $60 per share. The initial margin is 60% and the stock pays no dividend. What would your rate of return be if you sell the stock at $45 per share? Ignore interest on margin.
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you purchased 300 shares of common stock on margin for 60 per share the initial margin is 60 and the stock pays no
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