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katieleex0x katieleex0x
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2 years ago
Emily bought 200 shares of ABC Co. stock for $29.00 per share on 60% margin. Assume she holds the stock for one year and that her interest costs will be $80 over the holding period. Ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?

▸ -32%

▸ -19%

▸ -16%

▸ -10%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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eap8eap8
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2 years ago
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katieleex0x Author
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2 years ago
You make an excellent tutor!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This calls for a celebration Person Raising Both Hands in Celebration
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