You sold short 500 shares of common stock at $30 per share. The initial margin is 50% and the maintenance margin is 30%. Your initial investment is

$4,500

$15,000

$5,600

$7,500

The following is not an instrument for monetary policy

Changing percentage of reserves (deposits) that banks and thrifts must hold in cash or in deposits at the Federal Reserve.

the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Fed

an open market operation by the Fed

The process of issueing paper currency by the US Treasury Dpartment

You purchased a share of stock for $50. One year later you received $2.5 as a dividend and sold the share for $54. Your holding-period return is ?

0.05

0.08

0.13

0.14

None of the above