单选题
An investor purchases 200 shares of Merxx on margin. The shares are
trading at $40. Initial and maintenance margins are 50 percent and 25 percent.
If the investor sells the stock when the price rises to $50 at year-end, the
return on the investment would be closest to:
- A. 50.00%.
- B. 18.75%.
- C. 25.00%.