Question
ABC shorts 200 shares of XYZ at $75 per share in his account. Maintenance margin is 50%, the initial margin is 100%. He waits a
ABC shorts 200 shares of XYZ at $75 per share in his account. Maintenance margin is 50%, the initial margin is 100%. He waits a year and the price rises to $90. He purchases the stock and completes the transaction. What is the rate of return?
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
