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Social Science Clinic => Business => Finance => Topic started by: Triley39 on Mar 29, 2022

Title: Megan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make ...
Post by: Triley39 on Mar 29, 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: iamkarenvv on Mar 29, 2022

29%

Title: Re: Megan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to m
Post by: VIVIEN AMAM00 on May 11, 2022

Thank you