ariellake805 ariellake805
  • 15-12-2022
  • Business
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you purchased 800 shares of ttb at $59.14 per shares on your margin, which as an initial margin of 65% (or 0.65). your objective is to make a holding period return of 20% (or 0.20). at what price per share will you get to your goal and sell your shares? (neglect any interest paid on your loan.)

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