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(ii). An investor sells 250 shares short at $28. The sale requires a margin deposit equal to 55 percent of the proceeds of the sale.
(ii). An investor sells 250 shares short at $28. The sale requires a margin deposit equal to 55 percent of the proceeds of the sale.
- If the investor closes the position at $37, what was the percentage earned or lost on the investment?
- If the position had been closed when the price of the stock was $22, what would have been the percent earned or lost on the position?
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Capital Market Finance
Authors: Patrice Poncet, Roland Portait, Igor Toder
1st Edition
3030845982, 978-3030845988
