(Answered) Suppose the call money rate is 68 percent and you pay a

Finance

Suppose the call money rate is 6.8 percent, and you pay a spread of 1.9 percent over that. You buy 900 shares at $46 per share with an initial margin of 25 percent. One year later, the stock is selling for $54 per share, and you close out your position. What is your return assuming no dividends are paid? ______%

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