This is for my personal finance class. For the following question the answer I got was 804 and that answer is wrong. Do you know what I am doing

Published by admin at July 24, 2023

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This is for my personal finance class. For the following question the answer I got was 804 and that answer is wrong. Do you know what I am doing wrong? Assuming Bob did use margin, paid a $60 total commission to buy his Verizon stock and another $60 to sell his stock, and sold the stock for $52 a share, how much profit did he make on his Verizon stock investment?

This is for my personal finance class. For the following question the answer I got was 804 and that answer is wrong. Do you know what I am doing

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