What is the percentage on a $50,000 portfolio that borrowed $100,000 and made a $15,000 gain? Assume the borrowing cost are zero.
Added by Francisco Javier M.
Step 1
Total value of the portfolio = Initial portfolio value + Borrowed amount + Gain Total value of the portfolio = $50,000 + $100,000 + $15,000 Total value of the portfolio = $165,000 Show more…
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