You conduct a short sale when the stock price is $25. Short selling requires initial equity 60% and minimum equity 30%. You close-out, cover your short sale when the stock price is $20. What rate of return did you earn on your investment? a) -25% b) -20% c) 25% d) 33.3%

Purchasing stock when price drops from todays price by $5 is done with

a)sell stop loss b)sell limit order c)buy stop-limit order d)Buy stop-loss order