A stock is currently selling for 68 per share you have, Ask an Expert

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A stock is currently selling for $68 per share. You have $41,000 to invest:

What is the maximum number of shares you can buy if the initial margin is 60%?

What is your percent return if the stock price increases to $71?

What would your percent return have been if you had simply purchased the stock without margin?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92794128

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