1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 1.000 shares of IBM, for $50
Posted: Wed Jul 06, 2022 6:44 pm
1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 1.000 shares of IBM, for $50/share. Assume no dividends, and that your bonowing rate is 6.0% What is your percentage rate of return if, in one year, IBM stock is selling for $39 per share?