Brandon bought 100 shares of stock for $15.00 per share on 70% margin.Assume Brandon holds the stock for one year and that his interest costs will be $45 over the holding period.Gerry also received dividends amounting to $0.30 per share.Ignoring commissions, what is his percentage return on invested capital if he sells the stock for $34 a share?

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The Answer of Brandon bought 100 shares of stock for $15.00 per share on 70% margin.Assume Brandon holds the stock for one year and that his interest costs will be $45 over the holding period.Gerry also received dividends amounting to $0.30 per share.Ignoring commissions, what is his percentage return on invested capital if he sells the stock for $34 a share?

Brandon Bought 100 Shares of Stock for $15