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Author Question: Gerry bought 100 shares of stock for $30.00 per share on 70% margin. Assume Gerry holds the stock ... (Read 87 times)

jenniferbaugh1984

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on: Mar 29, 2022
Gerry bought 100 shares of stock for $30.00 per share on 70% margin. Assume Gerry holds the stock for one year and that his interest costs will be $45 over the holding period. Gerry also received dividends amounting to $0.30 per share. Ignoring commissions, what is his percentage return on invested capital if he sells the stock for $34 a share?
◦ 106.17%
◦ 20.48%
◦ 18.33
◦ 9.16%
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by jenniferbaugh1984 on Mar 29, 2022

hillard sane

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jenniferbaugh1984

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Reply 2 on: Mar 29, 2022
Thanks for the timely response, appreciate it

scikid

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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