Attempts 0 Average 0/1 8. Problem 4-08 BOOLE Problem 4-08 Lisa Lasher buys 390 shares...
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Attempts 0 Average 0/1 8. Problem 4-08 BOOLE Problem 4-08 Lisa Lasher buys 390 shares of stock on margin at $26 per share. If the margin requirement is 40 percent, how much must the stock rise for her to realize a 50-percent retum on her invested funds? (Ignore dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent. cory Grade it Now Save & Continue Continue without saving
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