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Category > Business & Finance Posted 01 Jun 2017 My Price 8.00

You purcahsed 275 shares

You purcahsed 275 shares of 2nd Chance Co. stock on margin ar a price of $53. your broker requires you ro deposit $8000.

In the previous problem, suppose you sell the stock at a proice of $62. What is your return? What would your return have been had you purchased the stock without margin? What if the stock price is $46 when you sell the stock?

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Status NEW Posted 01 Jun 2017 05:06 AM My Price 8.00

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