You Buy 100 Shares of Stock at $40 Per Share

question 65

Short Answer

You buy 100 shares of stock at $40 per share on margin of 40%. If the price of the stock rises to $60 per share, what is your percentage gain in equity? Disregard interest costs.

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Definitions:

High Performance Standards

The establishment of superior criteria or benchmarks of excellence that individuals or organizations strive to achieve in their work or performance.

Group Diversity

The presence of a wide range of differences among members of a group, including demographic factors, skills, experiences, and perspectives, which can enhance creativity and problem-solving.

Data Driven

A decision-making process that prioritizes and relies heavily on data analysis and interpretation to guide actions and strategies, minimizing intuition-based decisions.

Behavioral Norms

Socially accepted standards of behavior that individuals are expected to comply with in a specific group, community, or culture.