What is percentage rate of return

Assignment Help Finance Basics
Reference no: EM131835797

You purchase 355 shares of 2nd Chance Co. stock on margin at a price of $56. The initial margin requirement is 68 percent.

What is your percentage rate of return if the stock price is $63 when you sell the stock?

Reference no: EM131835797

Questions Cloud

Account equity at the stock price : If the maintenance margin is 23 percent, what is your account equity at the stock price when you receives a margin call?
Receive a margin call : You buy 599 shares of stock at a price of $47 and an initial margin of 60 percent. If the maintenance margin is 21 percent.
What is the maximum dollar purchase you can make : You have $22,000 and decide to invest on margin. If the initial margin requirement is 55 percent, what is the maximum dollar purchase you can make?
Describe individual and organizational benefits of abiding : Choose one value espoused by your organization and briefly describe the individual and organizational benefits of abiding by it.
What is percentage rate of return : What is your percentage rate of return if the stock price is $63 when you sell the stock?
What is the present value of annuity : What is the present value of an annuity of $814 to be received at the end of each of the next 8 years if the discount rate is 4.09%? Round to the nearest dollar
What is the firm net income after taxes : Assuming there are no non-cash revenues recorded on the income statement, what is the firm's net income after taxes?
Present value of cash flow stream if the discount rate : Find the present value of the following cash flow stream if the discount rate is 7.9%: CF1 = 28, CF2 = 43, CF3 = 49, CF4 = 62.
Determine the current yield and the yield-to-maturity : Assume that the bonds are selling for $1,100. Determine the current yield and the yield-to-maturity. Explain what these terms mean.

Reviews

Write a Review

Finance Basics Questions & Answers

  Cost of internal common equity

What is the cost of internal common equity(retained earnings) if the long term growth in dividends is projected to be 4% indefintiely?

  Objective of financial reporting

1. Which of the following is NOT normally an objective of financial reporting? 2. As independent (or external) auditors, CPAs are primarily responsible for

  Essence of crisis management

Describe the five principles of crisis action planning in organizational crisis management.

  Calculate the present value of a stream of cash flows

Calculate the present value of the cash flow stream in problem 2 with the following interest rates. Calculate the present value of a stream of cash flows based on a discount rate of 8%. Annual cash flow is as follows:

  Assume a project has earnings before depreciation and

assume a project has earnings before depreciation and taxes of 10000 depreciation of 40000 and that the firm has a 30

  What number of shares should she sell

Rebecca owns $10,000 worth of stock in the company. If the firm has a 100% payout, what is her cash flow? What would her cash flow be under the new capital structure assuming that she keeps all of her shares? Suppose the company does convert to the n..

  Computation of the value of the annuity payment

Computation of the value of the annuity payment and would you have to deposit each year if your first deposit is made now and the final deposit is made one year

  Will new regressive tax system be more or less efficient

Festwalia has two types of workers:- Will this new, regressive tax system be more or less efficient than the old, proportional tax system?

  How much was your mortgage reduced in the first year

How much interest did you pay in the first year and how much was your mortgage reduced in the first year?

  Covered interest arbitrage and inter market arbitrage

Explain the differences between covered interest arbitrage, intermarket arbitrage, and triangular arbitrage, and how the cycle of investments and cross rates played a part.

  Estimating required return on stocks

Stock A has a beta of .8, Stock B has a beta of 1, and Stock C has a beta of 1.2. Portfolio P has similar amounts invested in each of three stocks.

  Who are the key participants in financial transactions

In the Financial Market Environment who are the key participants in financial transactions. What are financial institutions and list and discuss the various financial markets.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd