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You Have Just Bought (On Margin)100 Shares of IBM Corp

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Essay

You have just bought (on margin)100 shares of IBM Corp.common stock for $108 per share.One year from now you expect to sell the stock for $140.The interest charge will be 9%.What return do you expect to earn on your investment? (Show all work.Ignore commissions.)


Definitions:

Cognitive Enhancement

Brain function enhancement by pharmacological, physiological, or surgical manipulation.

Pharmacological Manipulation

Pharmacological manipulation refers to the alteration of neurotransmitter systems through drugs or medications, often used to study brain functions or treat mental disorders.

Surgical Manipulation

Techniques used during surgery to physically alter parts of the body for the purpose of treating disease, repairing injury, or correcting deformities.

Tardive Dyskinesia

Inability to stop the tongue or other body parts from moving; motor side effect of neuroleptic drugs.

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