Finding the profit of an investment using margin

Debario12 Posts: 1, Reputation: 1

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Jun 21, 2012, 02:54 PM

Finding the profit of an investment using margin

Bill has a margin of 6000 (3000 personal + 3000 borrowed). He paid $94 total commission to sell his stock, and sold his stock for $62 per share, how much profit did he make on his investment?

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