Business, 19.03.2020 08:17 brendanholly123

Rudolfo purchased 900 shares of stock for $62.20 a share and sold them ten months later for $64.60 a share. The initial margin requirement on this stock is 75 percent and the maintenance margin is 40 percent. Ignoring dividends and costs, what is his holding period return?

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Rudolfo purchased 900 shares of stock for $62.20 a share and sold them ten months later for $64.60 a...