You have an initial wealth of £500. You borrow £300 at 3% annual interest, and invest the total of £800 in stock XYZ. If
Posted: Wed May 18, 2022 11:21 pm
You have an initial wealth of £500. You borrow £300 at 3% annual interest, and invest the total of £800 in stock XYZ. If XYZ' stock earns a net simple return of 25% next year, what is your net simple portfolio return (after paying off the debt)?