Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You short sell 1000 stocks at $45 per share on margin, and the initial margin is 55%. Later the price of the stocks held short
You short sell 1000 stocks at $45 per share on margin, and the initial margin is 55%. Later the price of the stocks held short rises to $60 per share, and the stock paid $1.5 dividend per share. What is your holding period return over this period?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started