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v QUESTION 10 You borrowed 100 shares of IBM from your broker and sold them at the price of $145 per share. You put in

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QUESTION 10 You borrowed 100 shares of IBM from your broker and sold them at the price of $145 per share. You put in $8700 in cash buffer. The broker charges an interest rate of 10% per year on the stock loan. One year later, you bought back the 100 Intel shares to return to your broker. At that time, the price per share is $138. The return of this trade is 0 -28% -8.6% 15% 10% 0 QUESTION 11 Suppose you pay $985 for a $1000 par Treasury bill maturing in 3 months. What is the holding period return for this investment? 03.01% 1.52% 2.68% 1.36%

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