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
Q1.One year ago, you purchased 11 shares of XYZ stock for $99 per share. During the...
Q1.One year ago, you purchased 11 shares of XYZ stock for $99 per share. During the year, you received dividend of $1 per share. Today, you sold all your shares for $102. What is the percentage return on your investment? Q2. Suppose the returns for Stock XYZ for last six years was 4%, -7%, 8%, -2%, -9%, and 7%. What is the standard deviation of the returns? i need this asap
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 $1.45 per share. Today, you sold all of your shares for $17.86 per share. What is your total dollar return on this investment? Group of answer choices $50 $76 $62 $68
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
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 11 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 11 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 11 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 11 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 11 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 11 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 11 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 11 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 11 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 11 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 11 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 11 months ago