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bachelor in business administration
Polytechnic State University Sanluis Jan-2006 - Nov-2010
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Polytechnic State University Jan-2012 - Nov-2016
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Harvard Square Academy (HS2) Mar-2012 - Present
Category > Business & FinancePosted 29 Jul 2017My Price3.00
A year ago, Kim Altman purchase 200 shares of BLK, Inc. for $25. 50 on margin
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A year ago, Kim Altman purchase 200 shares of BLK, Inc. for $25. 50 on margin. At that time the margin requirement was 40 percent. If the interest rate on borrowed funds was 9 percent and she sold the stock for $34, what is the percentage return on the funds she invested in the stock