kmeiklejohn
Mar 2, 2009, 05:50 AM
Maintenance margin 25%, Annual interest charge 9% on margin loan. We have 300 shares @<hidden> $55 per share during a 4 month holding period stock paid $1.50 per share in cash dividends.
Need to Calculate the amount of dividend received and interest pd on the margin loan during the 4 months.
Need to Calculate the amount of dividend received and interest pd on the margin loan during the 4 months.





