Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 15, 2024

3. If you sell 100 shares short at $40 on 60% margin and buy them back a year later at $36, what would be your

3. If you sell 100 shares short at $40 on 60% margin and buy them back a year later at $36, what would be your rate of return? Assume commissions are 2%, interest is 1% and dividends per share are $2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Build A Cyber Resilient Organization Internal Audit And IT Audit

Authors: Eugene Fredriksen

1st Edition

1032402210, 978-1032402215

More Books

Students also viewed these Accounting questions

Question

★★★★★

Use de Moivre's formula (Sec. 7) to derive the following trigonometric identities: (a) cos 3 = cos3 3 cos sin2 ; (b) sin 3 = 3 cos2 sin sin3 .

Answered: 1 week ago

Question

★★★★★

Andrew Whittaker, computer center manager, reports that his computer system experienced three component failures during the past 100 days. a. What is the probability of no failures in a given day? b....

Answered: 1 week ago

Question

★★★★★

=+a. What is the approximate probability that a shipment will be returned if the true proportion of defective cartridges in the shipment is .05?

Answered: 1 week ago

Question

★★★★★

Classification at costs, merchandising sector Home Entertainment Center (HEC) operates a large store in San Francisco. The store has both a video section and a music (compact disks and tapes)...

Answered: 1 week ago

Question

★★★★★

3. If you sell 100 shares short at $40 on 60% margin and buy them back a year later at $36, what would be your rate of return? Assume commissions are 2%, interest is 1% and dividends per share are $2

Answered: 1 week ago

Question

★★★★★

4-17B Revised screen shot for leigibility issues.. Need to know the amount of overhead allocated (second part of question:)

Answered: 1 week ago

Question

★★★★★

You have been appointed as the manager overseeing the operations of several subsidiaries in Latin America. You are posted to a country where drug trafficking and lawlessness are rampant. One day, a...

Answered: 1 week ago

Question

★★★★★

a sin(2x) x Let f(x)=2x+1 In(be)

Answered: 1 week ago

Question

★★★★★

Jerry Cameron, the rooms division manager for the Foxfire Hotel, believes he has pinpointed one of the main causes for the hotel's declining revenues: the reservations department's failure to...

Answered: 1 week ago

Question

★★★★★

4.21. (A Simple bandit model) Suppose there are two projects available for selection in each of three periods. Project one yields a reward of 1 unit and always occupies state s and the other, project...

Answered: 1 week ago

Question

★★★★★

negotiating racial inequality What are some takeaways from your perspectives and the perspectives of others? If you are comfortable sharing, what are your personal positions on these matters....

Answered: 1 week ago

Question

★★★★★

Teamwork. As your instructor directs, role-play one or more of the following situations in which you are required to give constructive feedback. (Objective 3) a. You are the leader of a...

Answered: 1 week ago

Question

★★★★★

Teamwork. Recall a recent conflict in which you were involved. How did you behave? Did you allow the other person to treat you as if you had little or no value (passively)? Did you treat the other...

Answered: 1 week ago

Question

★★★★★

What are some of the negative consequences a business may suffer as a result of unresolved conflicts between employees? (Objective 4)

Answered: 1 week ago

Previous Question Next Question