Business
Business, 02.10.2019 16:10, frenchpotaetoes2832

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?

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Megan bought 200 shares of stock at a price of $10 a share. she used her 70% margin account to make...

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