question archive You are bullish on Telecom stock

You are bullish on Telecom stock

Subject:ManagementPrice: Bought3

You are bullish on Telecom stock. The current market price is $50 per share, and you have $5,000 of your own to invest. You borrow an additional $5,000 from your broker at an interest rate of 8% per year and invest $10,000 in the stock

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