You just sold short 647 shares of XYZ, Inc., a fledgling software firm, at $98 per share. You cover your short one year later when the share price is $4.50 below the price at which you shorted the shares. If the company paid $1.64 per share in dividends over this period, what is your rate of return (in percent) on the investment? Assume an initial margin of 65 percent. Answer to two decimals.
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You just sold short 647 shares of XYZ, Inc., a fledgling software firm, at $98 per...
You just sold short 653 shares of XYZ, Inc., a fledgling software firm, at $95.44 per share. You cover your short one year later when the share price is $4.50 below the price at which you shorted the shares. If the company paid $1.37 per share in dividends over this period, what is your rate of return (in percent) on the investment? Assume an initial margin of 58 percent. Answer to two decimals. show steps**
You just sold short 450 shares of Wetscope, Inc., a fledgling software firm, at $99 per share. You cover your short when the price hits $89.50 per share one year later. If the company paid $0.81 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 60 percent
You just sold short 1,000 shares of Wetscope, Inc., a fledgling software firm, at $56 per share. You cover your short when the price hits $48.6 per share one year later. If the company paid $0.6 per share in dividends over this period, what is your percentage rate of return on the investment? Assume an initial margin of 55 percent.
You just sold short 1,000 shares of Wetscope, Inc., a fledgling software firm, at $58 per share. You cover your short when the price hits $48.50 per share one year later. If the company paid $0.63 per share in dividends over this period, what is your percentage rate of return on the investment? Assume an initial margin of 55 percent. Rate of return?
You just sold short 750 shares of Wetscope, Inc., a fledgling software firm, at $67 per share. You cover your short when the price hits $57.50 per share one year later. If the company paid $0.87 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 70 percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Rate of return %
You just sold short 750 shares of Wetscope, Inc., a fledgling software firm, at $67 per share. You cover your short when the price hits $57.50 per share one year later. If the company paid $0.87 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 70 percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Rate of return
You just sold short 1,250 shares of Wetscope, Inc., a fledgling software firm, at $97 per share. You cover your short when the price hits $87.50 per share one year later. If the company paid $0.77 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 60 percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Problem 2-25 Calculating Short Sale Returns (LO4, CFA5) You just sold short 700 shares of wetscope, inc . a fledgling software firm, at S81 per share. You cover your short when the price hits S71.50 per share one year later If the company paid $0.35 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 50 percent (Do not round intermediate calculatione. Enter your answer as a percent rounded...
You just sold 1,200 shares of stock short at a price per share of $13.50. The initial margin requirement is 60 percent and the maintenance margin is 30 percent. What is your initial equity position? $6,480 $7,520 $9,720 $10,520 $16,200
You sold short 100 shares of Macy's, Inc. common stock on margin at $29.78 per share. Assume the initial margin is 50% and the maintenance margin is 30%. One year later, the stock price closes at $17.00, and it has paid cash dividends of $1.51 per share. What is your return on equity? Ignore margin interest.