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Business, 14.10.2019 21:30 rileyeddins1010

Suppose balin has $100 to invest in an opportunity that returns, for every $100 invested, $120 if it goes well but only $80 if it goes poorly. if leverage allows balin to borrow $90 for every $10 he invests, what are his rates of profit and loss, respectively, if he borrows the full amount to invest in the opportunity? a. 20 percent profit; 20 percent loss. b. 33.3 percent profit; 50 percent loss. c. 200 percent profit; 100 percent loss. d. 1,100 percent profit; 100 percent loss.

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