Seven months ago freda purchased 400 shares of stock on, Ask an Expert

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Seven months ago, Freda purchased 400 shares of stock on margin at a price per share of $36. The initial margin requirement on her account is 70 percent and the maintenance margin is 40 percent. The call money rate is 4.4 percent and she pays 2 percent above that rate. Today, she sold these shares for $37.50 each. What is her annualized rate of return?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91568417

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