If the stock is sold at the end of the year at 21 per share, Financial Management

+44 141 628 6080
[email protected]

If the stock is sold at the end of the year at 21 per share

An investor buys $18 thousand dollars of stock at $20 per share, using 54% initial margin. The broker charges 9% APR compounded daily on the loan, and requires a 35% maintenance margin. The stock pays $0.91 per share dividend each year. If the stock is sold at the end of the year at $21 per share, what is the investor's rate of return?

Enter answer in percents, accurate to 2 decimal places.

Request for Solution File

Ask an Expert for Answer!!

Financial Management: If the stock is sold at the end of the year at 21 per share

Reference No:- TGS02735359

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

How protein is an essential part of our health

Protein is an essential part of our health as it forms building blocks for all of our cells, which then use amino acids to repair muscle, skin, organs, and bone

Discuss about health information exchanges in the niles

Review the information about Health Information Exchanges in the Niles (2024) textbook. Match the description to the term as best as you can

Discuss education and care services national regulations

According to the Education and Care Services National Regulations, when children attend the service there must also be at least one staff

How to determine if there is a quality issue

In Lesson, we discussed how to determine if there is a quality issue to measure and access. Meaning, once you have determined there is a quality problem

What inter-professional involvement needs to be considered

You have less than 10 minutes to identify the health and social concerns/needs and interventions you believe should be considered for Lorena

Why should contraception be a reproductive right

According to our textbook, lack of access to contraception negatively impacts women Why should contraception be a reproductive right?

Problem regarding childhood education and care services

In early childhood education and care services parents must always be fully informed in advance about anything that is provided for their child

Request for Solution File

Ask an Expert for Answer!!

Financial Management: If the stock is sold at the end of the year at 21 per share

Reference No:- TGS02735359

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : Assume that you just won the state lottery your prize can

Q : The woods co and the mickelson co have both announced ipos

Q : What is the expected return and return standard deviation

Q : Assuming the investors required rate of return is 9 if a

Q : If the stock is sold at the end of the year at 21 per share

Q : Assume a world consisting of uk and south africa currency

Q : What is the minimum rate of return to accept this project

Q : How much will the total taxes of western exploration corp

Q : Calculating flotation costs what was the flotation cost as