Return on Investors Equity Assignment

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Return on Investors Equity Assignment

Return on Investors Equity Megan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make the purchase. Megan sold her stock after a year for $12 a share. Ignoring margin interest and trading costs, what is Megan’s return on investor’s equity for this investment? can you please show what formula you used. Get Finance homework help today

Return on Investors Equity

Return on Investor's EquityMegan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make the purchase. Megan sold her stock after a year for $12 a share. Ignoring margin interest and trading costs, what is Megan’s return on investor’s equity for this investment? can you please show what formula you used. Get Finance homework help today