Question
You sold shares of Northwest Corp. short at $74.46 per share. Your initial margin was 0.8. One year later you cover your short at $75.94
You sold shares of Northwest Corp. short at $74.46 per share. Your initial margin was 0.8. One year later you cover your short at $75.94 per share. If Northwest paid dividends of $0.68 during this period and you had to pay margin interest at $0.71 per share, what is your rate of return (in percent) on this investment?
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Step: 1
Sold shares of Northwest Corp short at 7446 per share with an initial margin of 08 After one ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
