Question
A trader shorts 274 shares of OverPriced.com at $13.81 per share. Initial margin requirements are 50%. The trader closes the position at a price of
A trader shorts 274 shares of OverPriced.com at $13.81 per share. Initial margin requirements are 50%. The trader closes the position at a price of $31.64. What is the holding period return for the trade?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
