Question
You decide to sell 100 shares of Builtrite short at a current price of $42 a share.Six months later Builtrite is selling for $34 a
You decide to sell 100 shares of Builtrite short at a current price of $42 a share.Six months later Builtrite is selling for $34 a share. Using 60% margin,
a) What is your dollar profit?
b) What is your ROI?
c) Three months later the stock is selling for $45 (instead of $34). What is your dollar loss?
8.Reading a stock quote, you see that Builtrite pays a $3.50 dividend and has a PE of 18. You also note that Builtrite pays out half of its earnings as dividends.What are the EPS and stock price for Builtrite?
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The New Managed Account Solutions Handbook
Authors: Stephen D. Gresham, Arlen S. Oransky
1st Edition
0470222786, 978-0470222782
