Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An investor short-sold 2,000 shares of DEF Security at 21 and offset one month later at 19. If the security was eligible for reduced margin

An investor short-sold 2,000 shares of DEF Security at 21 and offset one month later at 19. If the security was eligible for reduced margin and a dividend of $.25 per share was paid out over this period of time, her return on margin would be closest to... a) 16.7% b) 19.1% c) 27.8% d) 31.8%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries

Authors: Susanne Chishti, Thomas Puschmann

1st Edition

1119362156, 978-1119362159

More Books

Students also viewed these Finance questions

Question

What is the relationship between humans?

Answered: 1 week ago

Question

What is the orientation toward time?

Answered: 1 week ago