22. Calculate Candy Cummings's rate of return in parts (a) and (b) of Problem 17, assuming that...

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22. Calculate Candy Cummings's rate of return in parts

(a) and

(b) of Problem 17, assuming that the short loan wasflat but the initial margin deposit earned interest at a rate of 8% and that the prices of $58 and $42 were observed after one year during which the firm did not pay any dividends.

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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