You purchased 200 shares of China Mobile (CHL) at $55 per share one year ago. To...
You purchased 200 shares of China Mobile (CHL) at $55 per share one year ago. To pay the purchase, you borrowed $5,000 from your broker. If now you sell all 200 shares at $50, what is the rate of return (percentage) on your account? Assume the interest rate on the loan over the borrowing period is 2%.
Homework Answers
| number of shares purchased | 200 |
| purchase price per share | $55 |
| Total Amount | $11,000 |
| Borrowed amount | $5,000 |
| interest | 2% |
| Interest amount | 100 |
| selling price per share | $50 |
| Sale value | $10,000 |
| Return on investment is | Final Value of Investment − Initial Value of Investment×100%/cost of the investment |
| (10000-11000)*100/11000+100 | |
| Return on investment is | -9.0090% |
Add Answer to:
You purchased 200 shares of China Mobile (CHL) at $55 per share
one year ago. To...
You have just purchased 200 shares of stock on margin at $60 per share. The broker...
You have just purchased 200 shares of stock on margin at $60 per share. The broker lent you $5,000 to help pay for the purchase. a. The initial margin in the account at the time you purchased the stock is 7000 b. If the share price falls to $35 per share, the remaining margin in the account is ______ c. If the maintenance margin requirement is 35%, the amount of the margin call will be _____
One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the...
One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the year, you received dividend of $3 per share. Today, you sold all your shares for $108 per share. What is the percentage return on your investment? Note: Round to the nearest 2 decimal percentage point.
One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per s...
One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per share. Today, you sold all your shares for $103 per share. What is the percentage return on your investment?
You purchased 361 shares of stock in XYZ Company for $33 per share one year ago....
You purchased 361 shares of stock in XYZ Company for $33 per share one year ago. You just sold your shares for $46 per share. You paid a 9% commission on each transaction. What is your rate of return for the year? Express your % answer in decimal format: 4.5% = 0.045
You purchased 258 shares of stock in XYZ Company for $39 per share one year ago....
You purchased 258 shares of stock in XYZ Company for $39 per share one year ago. You just sold your shares for $46 per share. You paid a 6% commission on each transaction. What is your rate of return for the year? Express your % answer in decimal format: 4.5% = 0.045
You purchased 1,200 shares of stock on margin for $53 per share and sold the shares...
You purchased 1,200 shares of stock on margin for $53 per share and sold the shares 3 months later for $58.60 per share. The initial margin requirement was 55 percent and the maintenance margin was 35 percent. The interset rate on the margin loan was 8 percent. You received no dividend income. What was your holding period return?
One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...
One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97 a share. The stock pays an annual dividend of $1.42 per share. Today, you sold all of your shares for $17.86 per share. What is your total dollar return on this investment?
One year ago, you purchased 470 shares of Titan Wood Products for $70.61 per share. The...
One year ago, you purchased 470 shares of Titan Wood Products for $70.61 per share. The stock has paid dividends of $.79 per share over the past year and is currently priced at $75.74. What is your total dollar return on your investment? Multiple Choice $2,596.75 $1,391.20 $2,411.10 $2,875.15 $2,782.40
One year ago, you purchased 280 shares of Titan Wood Products for $58.52 per share. The...
One year ago, you purchased 280 shares of Titan Wood Products for $58.52 per share. The stock has paid dividends of $.66 per share over the past year and is currently priced at $63.52. What is your total dollar return on your investment? Multiple Choice 0 $1,492.40 $1,637.63 $792.40 0 $1,400.00 $1,584.80
Barbara buys 100 shares of DEM at $35 a share and 200 shares of GOP at...
Barbara buys 100 shares of DEM at $35 a share and 200 shares of GOP at $40 a share. She buys on margin and the broker charges interest of 10 percent on the loan. (MUST BE DONE ON EXCEL) (a) If the margin requirement is 55 percent, what is the maximum amount she can borrow? (b) If she buys the stocks using the maximum amount of borrowed money and holds the securities for a year, how much interest must she...
One year ago, you purchased 470 shares of Titan Wood Products for $70.61 per share. The stock has paid dividends of $.79 per share over the past year and is currently priced at $75.74. What is your total dollar return on your investment? Multiple Choice $2,596.75 $1,391.20 $2,411.10 $2,875.15 $2,782.40
One year ago, you purchased 280 shares of Titan Wood Products for $58.52 per share. The stock has paid dividends of $.66 per share over the past year and is currently priced at $63.52. What is your total dollar return on your investment? Multiple Choice 0 $1,492.40 $1,637.63 $792.40 0 $1,400.00 $1,584.80
Most questions answered within 3 hours.
-
If the wage rate increases from $12 to $16 and, as a result, the
quantity demanded...
asked 9 seconds from now -
the slime layer external to the prokaryotic cell wall is called
the ?
asked 8 minutes ago -
Cheyenne Company must decide whether to make or buy some of its
components. The costs of...
asked 10 minutes ago -
What is the maximum number of edges that a graph on 7 vertices can
have if...
asked 9 minutes ago -
What is the entropy change for mixing 1 liter of a monoatomic
ideal gas (call it...
asked 8 minutes ago -
A company that has 150 employees chooses a committee of 11 to
represent employee retirement issues....
asked 30 minutes ago -
the
force between two 2.11 x 10^-4 C charges that are 2.11 meters apart
is ______N?
asked 45 minutes ago -
A truck of mass m slows from speed v0 to speed v in a
time t....
asked 31 minutes ago -
A 60kg box rests on a floor with a coefficient of kinetic
friction of 0.600 and...
asked 28 minutes ago -
if you cut off ANS innervation what would happen to the heart
rate?
asked 28 minutes ago -
What is the output of the below code?
var color = "yellow";
var colorObject = {...
asked 29 minutes ago -
Suppose you purchased 19 shares of Disney stock for $23.95 per
share on May 1, 2012....
asked 32 minutes ago