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answe rhis corretly with all steps and formulas clearly shown and i will leave a like. Assume I open a margin account with a $3,000
answe rhis corretly with all steps and formulas clearly shown and i will leave a like.
Assume I open a margin account with a $3,000 deposit. I short 10 shares of Tesla @ $200 and buy 25 shares of Google at $100 (assume neither stock pays dividends, and that there is no transaction cost for all orders). Assume a 5% annual rate on margin loans. A year later, Tesla is trading for $175 and Google is trading for $80. What is your return on your $3,000 deposit? Show your work (either in formula or calculator inputs \& outputs) to receive full score. Hint: work on the chapter exercise problems first Step by Step Solution
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