问题如下:
Tim, an trader of an investment company trade on margin at a price of $60 per share, he purchased 300 shares of a non-dividend-paying stocks. The leverage ratio is 3. After three monthes the market price of share is $65, Tim then sells these shares. We assume that there are no transaction costs and no interests paid on the borrowed amount. Which of the following statements is correct?
选项:
A.The return to Tim during the three-month period was 20%.
B.The return to Tim during the three-month period was 8.33%.
C.The return to Tim during the three-month period was 25%.
解释:
C is correct.
The equity contributed by Tim (the minimum margin requirement) is \(\frac{100\%}3=33.33\%\)
Tim contributed 33.33% of $60 per share is $20.
The return is , because the gain is 5 ($65-$60) per share
您好:1.这里面trade on margin 怎么翻译 怎么理解,是公司交保证金60,还是市场价market price 60;2.可否这样算:65到60,return是上涨了8.3%,在乘以leveraged ratio 3 ,得出25%。谢谢。