Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
mdensmore mdensmore
wrote...
Posts: 140
Rep: 0 0
2 years ago
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%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 42 times
1 Reply
Replies
Answer verified by a subject expert
pipi123pipi123
wrote...
Posts: 136
Rep: 0 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mdensmore Author
wrote...

2 years ago
Thanks for your help!!
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  869 People Browsing
 107 Signed Up Today
Related Images
  
 3523
  
 213
  
 313
Your Opinion
What's your favorite coffee beverage?
Votes: 274