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Acme shares trade at $10 per share. You sell 1,000 of them short after which the price drops to $7.50 per share. Your account now

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Acme shares trade at $10 per share. You sell 1,000 of them short after which the price drops to $7.50 per share. Your account now shows a: Profit of $2,500. Loss of $2,500. Profit of $5,000 Loss of $5,000 What is the market yield of an 180 day Gov't of Canada Treasury Bill priced at 98.00? 4.08% 4.13% 4.15% 4.00% You have purchased 1,000 shares of Ajax Corp. at $5.00 per share on margin. The margin requirement is 60%. If the share price goes to $7.50 you: Could withdraw $2,500 from your account. Could withdraw $1,000 from your account. Could withdraw $2,000 from your account. Would receive a margin call of $3,000. DEF mutual fund company has an equity fund with $10,000,000 of assets at book value ($14,000,000 at market value) and $2,000,000 of liabilities. There are 1,000,000 shares outstanding. The NAVPS for DEF's equity fund is: $14 $10 $12 S8 An investor purchases units a mutual fund on a DSC basis based on original purchase cost with at a NAVPS of $12. The investor redeems the fund two years later when the NAVPS is $13 and a 4% fee is charged. What is the amount to be received by the investor? $12.48 $12.00 $12.52 $13.00

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