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What is your return assuming no dividends are paid

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Reference no: EM133021339

Suppose the call money rate is 6.8 percent, and you pay a spread of 1.9 percent over that. You buy 500 shares at $35 per share with an initial margin of 50 percent. One year later, the stock is selling for $40 per share and you close out your position. What is your return assuming no dividends are paid?

Reference no: EM133021339

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