you are bullish on telecom stock. the current market price is $52 per share, and you have $13,000 of your own to invest. you borrow an additional $13,000 from your broker at an interest rate of 8.2% per year and invest $26,000 in the stock.

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02-09-2022
Business

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you are bullish on telecom stock. the current market price is $52 per share, and you have $13,000 of your own to invest. you borrow an additional $13,000 from your broker at an interest rate of 8.2% per year and invest $26,000 in the stock.

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finchloe121 finchloe121 · Answer 1 · 2022-09-03T08:12:30-04:00

finchloe121 finchloe121

03-09-2022

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you are bullish on telecom stock. the current market price is $52 per share, and you have $13,000 of your own to invest. you borrow an additional $13,000 from your broker at an interest rate of 8.2% per year and invest $26,000 in the stock.

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