Assume Joe invests a total of $10,000 in a company - $5,000 of which is his own money and $5,000 which he borrowed at a 10% interest rate. If the company's stock value decreases by 5% in one year at which time Joe sells his shares of the stock, what is Joe's rate of return on his investment?
a. ?5%
b. ?10%
c. ?20%
d. ?30%
c
Economics
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Suppose that a consumer has a marginal propensity to consume of 0.7. If this consumer earns an extra €2, her consumption spending would be expected to increase by:
A. €0.60. B. €0.70. C. €1.40. D. €1.70.
Economics
If the closing price of a stock traded on a particular day is $46 per share, and the dividend paid is $2.84 per share
Fill in the blunk(s) with the appropriat word (s).
Economics