Short Answer
You buy 100 shares of stock at $40 per share on margin of 40%. If the price of the stock rises to $60 per share, what is your percentage gain in equity? Disregard interest costs.
Correct Answer:
Verified
125%
Explanation: 
C...View Answer
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Correct Answer:
Verified
125%
Explanation: C...
Explanation:
C...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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