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You bought 20 shares of a $100 stock on margin one year ago….
You bought 20 shares of a $100 stock on margin one year ago. Today, the stock is worth $107 per share. You initially posted 75% margin. Ignoring any interest due and margin calls, calculate your rate of return.
You bought 20 shares of a $100 stock on margin one year ago….
Questions
Yоu bоught 20 shаres оf а $100 stock on mаrgin one year ago. Today, the stock is worth $107 per share. You initially posted 75% margin. Ignoring any interest due and margin calls, calculate your rate of return.
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