Business
Business, 29.01.2021 06:00, ivetter5333

An investor purchased on margin Orange Computer for $30 a share. The stock's price subsequently increased to $50 a share at which time the investor sold the stock. If the margin requirement were 60 percent and the interest rate on borrowed funds were 7 percent, what would be the percentage earned on the investor's funds (excluding commissions)

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An investor purchased on margin Orange Computer for $30 a share. The stock's price subsequently incr...

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