Business, 17.02.2020 17:04 Randomtrashygirl

You are bullish on Telecom stock. The current market price is $50 per share, and you have $5,000 of your own to invest. You borrow an additional $5,000 from your broker at an interest rate of 8% per year and invest $10,000 in the stock. a. What will be your rate of return if the price of Telecom stock goes up by 10% during the next year?

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You are bullish on Telecom stock. The current market price is $50 per share, and you have $5,000 of...

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