Brandon Bought 100 Shares of Stock for $15

question 48

Multiple Choice

Brandon bought 100 shares of stock for $15.00 per share on 70% margin.Assume Brandon holds the stock for one year and that his interest costs will be $45 over the holding period.Gerry also received dividends amounting to $0.30 per share.Ignoring commissions, what is his percentage return on invested capital if he sells the stock for $34 a share?

• A) 60.0%
• B) 21.9%
• C) 17.6%
• D) 13.3%

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Definitions:

Social Environment

The immediate physical and social setting in which people live or in which something happens or develops, including the culture that the individual was educated or lives in.

Crisis Intervention

A short-term assistance offered to individuals experiencing an acute psychological distress to stabilize their emotional condition.

Imminent Suicide

A state where an individual is at immediate risk of taking their own life, requiring urgent intervention.

Suicidal Persons

Individuals experiencing a crisis or mental health condition that leads to thoughts of ending one's own life.