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Jack sells 100 shares of a certain stock short for $60 and buys it back one year later for $50. Just before he buys it
Jack sells 100 shares of a certain stock short for $60 and buys it back one year later for $50. Just before he buys it back, a per share dividend of $X, is paid. Jack is required to make a margin deposit of 50% and the margin interest rate is 5%. Jack's short sale yield is 31.6667%. Jill sells 100 shares of a certain stock short for $65 and buys it back one year later for SB. Just before she buys it back, a per share dividend of $X is paid. Jill is also required to make a margin deposit of 50% and the margin interest rate is 5%. Jill's short sale yield is half of Jack's Determine B A.20 B.40 C.60 D.80 E.100
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