subject
Business, 10.02.2020 22:22 maribelsalgado3

You are bullish on telecom stock. the current market price is $110 per share, and you have $22,000 of your own to invest. you borrow an additional $22,000 from your broker at an interest rate of 6.6% per year and invest $44,000 in the stock.

a. what will be your rate of return if the price of telecom stock goes up by 8% during the next year? (ignore the expected dividend.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:20
Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?
Answers: 2
question
Business, 22.06.2019 19:00
Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.
Answers: 2
question
Business, 23.06.2019 23:00
Downing company issues $5,000,000, 6%, 5-year bonds dated january 1, 2017 on january 1, 2017. the bonds pay interest semiannually on june 30 and december 31. the bonds are issued to yield 5%. what are the proceeds from the bond issue?
Answers: 3
question
Business, 24.06.2019 01:00
Cindy is very interested in animals. which of these careers is most likely the best for her? o a. financial advisory b. lawyer o c. disc jockey o d. veterinarian
Answers: 2
You know the right answer?
You are bullish on telecom stock. the current market price is $110 per share, and you have $22,000 o...
Questions
question
History, 20.09.2020 18:01
Questions on the website: 13722361