Question
You sold 200 shares of DOG short for $24. After three years you closed your position at $17. DOG paid an annual dividend of $1,
You sold 200 shares of DOG short for $24. After three years you closed your position at $17. DOG paid an annual dividend of $1, what was the annualized (compound) return on the trade?
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
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