Megan Bought 200 Shares of Stock at a Price of $10

question 101

Multiple Choice

Megan bought 200 shares of stock at a price of $10 a share. She used her 70% margin account to make the purchase. Megan sold her stock after a year for $12 a share. Ignoring margin interest and trading costs, what is Megan's return on investor's equity for this investment?

• A) 67%
• B) 29%
• C) 14%
• D) 10%

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Definitions:

Objectivity And Neutrality

Principles ensuring detachment and impartiality in observation, analysis, or judgment, free from personal biases or external influences.

Strategic Priority Analysis

The process of identifying and ranking the most critical factors or goals that will drive a business's strategy and decision-making.

Inbound Logistics

The activities related to receiving, storing, and distributing inputs internally needed for production.

Product Life Cycle

The stages through which a product goes from its introduction to the market, growth, maturity, and eventually decline.