Page 1 of 1
(Last Word) Suppose Balin has $100 to invest in an opportunity that returns, for every $100 invested, $120 if it goes we
Posted: Fri Jul 01, 2022 7:52 am
by answerhappygod
- Last Word Suppose Balin Has 100 To Invest In An Opportunity That Returns For Every 100 Invested 120 If It Goes We 1 (31.53 KiB) Viewed 46 times
(Last Word) Suppose Balin has $100 to invest in an opportunity that returns, for every $100 invested, $120 if it goes well but only $80 if it goes poorly. If leverage allows Balin to borrow $90 for every $10 he invests, what are his rates of profit and loss, respectively, if he borrows the full amount to invest in the opportunity? Multiple Choice 20 percent profit; 20 percent loss 200 percent profit; 100 percent loss 1,100 percent profit; 100 percent loss 33.3 percent profit; 50 percent loss