You purchased 400 shares of common stock on margin at $35 per share and sold them 11 months later at $45. Assume the ma
Posted: Wed Jul 06, 2022 6:42 pm
You purchased 400 shares of common stock on margin at $35 pershare and sold them 11 months later at $45. Assume themargin requirement is 80%, interest on margin used is 5%, andcommission paid on each transaction is 2%. What is yourcapital gain on this investment?