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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