Question
Level of Margin: You shorted 100 shares of DD at the closing proce listed in row 1 and the dividends listed were paid at the
Level of Margin:
You shorted 100 shares of DD at the closing proce listed in row 1 and the dividends listed were paid at the end of each quarter. The margin in 40%. The second row shows 6 months later. What is the level of Margin?
| Row | Symbol | Close | Net Chg | Volume | 52 week high | 52 week low | Div | Yield | YTD% Chg |
| 1 | PP | 80 | +2.00 | 403,200 | 56.00 | 37.29 | 2.00 | 4 | 5.0 |
| 2 | PP | 85 | +2.00 | 403,200 | 56.00 | 37.29 | 2.00 | 4 | 5.0
|
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Auditing A Business Risk Approach
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
8th edition
978-0538476232
