Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer in excel with formulas, thanks! I will leave a good review 1(A)You shorted 1,000 shares of WDC at $55.6. Show your account equity

Please answer in excel with formulas, thanks! I will leave a good review

1(A)You shorted 1,000 shares of WDC at $55.6. Show your account equity position value.

If the stock price felt to $40 in 6 months and the company paid $2.8 in dividends, what is your dollar gain and percentage gain? What if the price went up to $68 a share? (Hint: if you shorted stocks that pays dividends, you have to pay the dividends out of your account.)

1(B)

You shorted 1,000 shares of MSFT at $215 a share. You got a margin call sometime after 3 months. The MM is 35%. What must be the stock price?

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

Essentials of Investments

Authors: Zvi Bodie, Alex Kane, Alan Marcus

9th edition

78034698, 978-0077502287, 77502280, 978-0078034695

More Books

Students also viewed these Finance questions

Question

8. Understand the difference between a buyers and sellers market.

Answered: 1 week ago

Question

What are the eight types of intelligence? (p. 65)

Answered: 1 week ago