You Purchased a Stock for $18

question 13

Multiple Choice

You purchased a stock for $18.45 a share using 70% margin. You sold the stock seven months later for $19.85 a share. You did not receive any dividend income. What was your holding period percentage return on this investment? Ignore trading costs and margin interest.

• A)8.77%
• B)9.12%
• C)10.84%
• D)11.75%
• E)12.13%

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Definitions:

Aortic Semilunar

Refers to the aortic semilunar valve in the heart, which prevents blood from flowing back into the left ventricle from the aorta.

Endocardium

The innermost layer of tissue that lines the chambers of the heart, providing a smooth surface for blood flow.

Epicardium

The outermost layer of the wall of the heart. Also known as the visceral pericardium.

Pericardium

A membrane that covers the heart and large blood vessels attached to it.