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Title: Megan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make ...
Post by: mdensmore on Mar 14, 2022
Megan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make the purchase. Megan sold her stock after a year for $12 a share. Ignoring margin interest and trading costs, what is Megan's return on investor's equity for this investment?

▸ 67%

▸ 29%

▸ 14%

▸ 10%


Title: Megan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make ...
Post by: pipi123 on Mar 14, 2022
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