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Tony Purchased 100 Shares of T-Rex Stock for $43 a Share.On

question 62

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Tony purchased 100 shares of T-Rex stock for $43 a share.On the same day,Sam also purchased 100 shares of T-Rex stock for $43 a share.Tony paid cash for his purchase while Sam used margin.The initial margin requirement on this stock is 60 percent while the maintenance margin is 40 percent.Both Tony and Sam sold their shares after eight months at a price of $40 a share.The stock pays no dividends.Tony had a holding period percentage return of ________ percent as compared to Sam's ________ percent return.Ignore margin interest and trading costs.

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Definitions:

General Anesthesia

A medical procedure involving drugs or gases used to induce a state of unconsciousness, pain relief, and relaxation during surgery.

Analgesia

The absence of pain or the alleviation of pain, typically through the administration of drugs.

Muscle Relaxation

Techniques or medications used to reduce muscle tension and alleviate pain or discomfort.

Amnesia

A condition resulting in memory loss, often caused by brain injury, illness, or psychological trauma.

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