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Question 3 1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 600 shares of IBM
Posted: Wed Jul 06, 2022 6:44 pm
by answerhappygod
- Question 3 1 Points You Have 30 000 In A Margin Account 60 Initial Margin Required Suppose You Buy 600 Shares Of Ibm 1 (8.09 KiB) Viewed 30 times
Question 3 1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 600 shares of IBM, for $50/share. Assume no dividends, and that your bomowing raas 50% What is your percentage return if you did not borrow from your broker and it, in one year, IBM stock is selling for $53 per share?