Business, 18.06.2021 23:50 ashleygarcia0884

Brandon bought 100 shares of stock for $15.00 per share on 70% margin. Assume Brandon holds the stock for one year and that his interest costs will be $45 over the holding period. Gerry also received dividends amounting to $0.30 per share. Ignoring commissions, what is his percentage return on invested capital if he sells the stock for $34 a share

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Brandon bought 100 shares of stock for $15.00 per share on 70% margin. Assume Brandon holds the stoc...

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