Business, 11.03.2020 23:35, kkbrookly6195

You purchased 300 shares of common stock on margin for $60 per share. The initial margin is 60% and the stock pays no dividend. What would your rate of return be if you sell the stock at $45 per share

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You purchased 300 shares of common stock on margin for $60 per share. The initial margin is 60% and...