Solved: Determine your profit and return on the investment, Finance Basics

+44 141 628 6080
[email protected]

Determine your profit and return on the investment

Question:

Suppose you buy a round lot of Horse Inc stock on 55% margin when it is selling at 38.70 a share. The broker charges an 8 percent annual interest rate and commission are 4.5 percent of the total stock value on the purchase and 5 percent o n the sell. If at year-end you receive a 1.60 per share dividend and sell the stock for 47.30, what is your profit and return on the investment?

Solution Preview :

Prepared by a verified Expert

Finance Basics: Determine your profit and return on the investment

Reference No:- TGS02082587

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Investigate the cause of the recent werewolf attacks

create a temporary committee to investigate the cause of the recent werewolf attacks in major cities throughout the United States.

Describe marxist theory and psychology of addiction

Compare the Marxist Theory and Psychology of Addiction with the Realistic Theory and psychology of Addition.

Explain framers decisions in creating the constitution

Explain how the Articles of Confederation made the above scenario possible. Describe how this scenario influenced the framers' decisions in creating the Constit

Federal bureaucracy has to put up with a lot of red tape

Question: The Federal Bureaucracy has to put up with a lot of "red tape". What is "red tape" in regards to government?

What power of recognition when it comes to office president

Question: What is "power of recognition" when it comes to the office of the president? Question Select one

What right ordinance power give to the president

Question: What right does the Ordinance Power give to the president? Question Select one:

Analyze leadership of organization during particular event

Analyze leadership of an organization during a particular event or across a defined set of events. The assignment will assess your ability to identify

Solution Preview :

Prepared by a verified Expert

Finance Basics: Determine your profit and return on the investment

Reference No:- TGS02082587

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Cumulative voting procedures

Q : Risky portfolio and the risk-free asset based problem

Q : Determine the external financing

Q : Roles of regulatory bodies in the financial market

Q : Determine your profit and return on the investment

Q : Derive a quantitative number or a qualitative number

Q : Create an excel spreadsheet detailing the cost

Q : Main duties of a corporate financial staff

Q : Calculate stock b beta