Prepare a balance sheet of your investment account now

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Suppose you want to purchase 500 shares of Apple Inc., which Is currently selling at a market price of $110. You put up $33,000 in cash and borrowed the rest. If the expected price is $120 a year later, and the call money rate plus spread is 5.5%

 Prepare a balance sheet of your investment account now and how it would be after 1 year.

Reference no: EM132019627

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