Market Organization and Structure sample question
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CFA Level I sample question
CFA Level I Market Organization and Structure question
Equity Investments
Market Organization and Structure
An investor buys 200 shares at USD 25.00 per share using 60% initial margin, borrowing the rest at 8% annual interest. The stock pays no dividends. After exactly one year, the shares are sold at USD 30.00. Ignoring commissions, the one-year return on the investor's equity is closest to:
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