Question
1: You shorted 100 shares of AAPL at $220. Show your account equity position value. If the stock price felt to $170 in 6 months
1: You shorted 100 shares of AAPL at $220. Show your account equity position value. If the stock price felt to $170 in 6 months and the company paid $3 in dividends, what is your dollar gain and percentage gain? What if the price went up to $250 a share?
2: You shorted 1,000 shares of MSFT at $95 a share. You got a margin call sometime after 3 months. The MM is 35%. What must be the stock price?
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Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
