Business, 02.01.2023 07:00 chell6170

You purchased 250 shares of common stock on margin for $25 per share. The initial margin is 65%, and the stock pays no dividend. Your rate of return would be if you sell the stock at $32 per share. Ignore interest on margin.

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You purchased 250 shares of common stock on margin for $25 per share. The initial margin is 65%, and...