solution
You purchased 2,000 shares of stock
at $52 a share. The stock is currently selling for $59 a share. The initial
margin was 70 percent and the maintenance margin is 30 percent. What is your
current margin position? And what if stock is currently seeling for $40 per
share instead of $59.
- You
purchased 300 share for $39.40 each, received a dividend of $0.72 per
share, and sold the stock after one year for $41.30 a share.
- What
was your dividend yield on this investment? - What
is your capital yield? - What
is your total dollar return? - What
is your percentage return?
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