At the beginning of the month, you sell short 200 shares of Wells Fargo that are currently selling at $45 per share. One month later you cover your short position at $35 per shares. During the month, Wells Fargo issued $2 dividend per share. What is you return during this month? 0.178 0.267 -0.178 0.222 -0.267

At the beginning of the month, you sell short 200 shares of Wells Fargo that are currently selling at $45 per share. One month later you cover your short position at $35 per shares. During the month, Wells Fargo issued $2 dividend per share. What is you return during this month? 0.178 0.267 -0.178 0.222 -0.267

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter7: Stocks (equity) - Characterstics And Valuation

Section: Chapter Questions

Problem 1PROB

See similar textbooks

Similar questions

Please help me with this question thanks i will rate thanks
ff1
Please provide correct answer
None
need help with question
Listen You purchased stock in Magneto Vision for $13 per share on January 1, 2022. Over the next year you received $2.22 per share in dividends. On December 31,2022 Magneto Vision is selling for $12.50 per share. What has been your total gross return (in percent) over the one-year period? 13.23% 113.23% 1.13% 13.00%
On January 1, you bought 100 shares of ABD stock for $19/share with funds that you borrowed at an annual rate of 8%. The stock paid dividends per share of $1.50 at the end of the first year, and of $2.20 at the end of year two. What rate of return did you earn if you sold the stock for $21/share at the end of year two. Group of answer choices 14.52 % 12.52 9.99 13.33 15.12. Flag question: Question 22 The NPV of the investment was, Group of answer choices $ 5.70 2.28 4.28 3.28 1.68.
Seven months ago, you purchased 580 shares of Mitchum Trading for $70.53 per share. The stock pays a quarterly dividend of $.39 per share and is currently priced at $71.71. What is the total dividend income you received? y cloudy Multiple Choice O $226.20 O $684.40 $510.40 $568.40 $452.40 Search Jy 1:42 PM 8/8/2023
Question 7: The balance sheet for Quinn Corp., is shown here in market value terms. There are 12,000 shares of stock outstanding. The company has declared a dividend of $1.45 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? What will the balance sheet look like after the dividends are paid? Market Value Balance Sheet $ 49,300 355,000 Equity $404,300 Cash Fixed assets Total $404,300 Total $404,300
YLD NET VOL PE 100s CLOSECHG BiminiMtg 1.99e 217 5 1575 9.17 0.12 BiomdRityTr 1.08 4.4 55 4250 24.30 -0.10 24 16514 24.83 1.10 WE Biovail 50p BisysGp If BlackDeck 1.12 26 6970 14.22 0.21 *** 1.3 13 9554 87.89 0.93 BlackHills 1.28 BikRk A 1.20 3.6 45 3350 35.25 0.64 0.52 901109 BlockHRs.50 2.0 14 31753 24.45 -0.10 1.1 34 dd 16535 3.73 -0.02 52-WEEK HI LO STOCK (DIV) 16.13 8.65 26.06 19.39 27.28 13.74 16.71 12.44 93.71 75.70 44.63 29.19 113.87 69.38 30 22.99 10.65 3.19 Bikbstr A.06) 10.18 2.96 Blkbstr B.04e 19.60 14.60 Blountint W 11.41 8.45 BISqlsrael 52e 4.7 Bluegreen 24.75 12.10 11 www 18.25 8.25 BluelinHidgs 50 4.4 18 33.84 17.704Blyth .46f 2.2 11 19.51 17.58 BdwikPipePtar 72.40 49.52 18 11.50 A 1.2 1618 3.39 0.06 1852 16.66 0.73 22 10.96 0.62 3646 16.70 0.90 791 11.39 0.14 1848 20.69 -0.26 2168 18.64 0.66 1.7 25 49135 70.44 0.20 ww www. *** 6.59 2.67 dd *** Boeing 1.20f BoisDArcEngy n Bombay BordersGrp 40f 19 16 BorgWarner 641 1.0 15 27.27 19.85 BostBeer 23 422 24.95 -0.05 76.67…
7 You sold to open 10 25-strike calls for $2.10 each on a stock you own. You own 1,200 shares of the stock, which is currently trading at $23.66. The stock rises to $$25.41 and 1,000 shares are called at $25. What is your total return? (Ignore taxes and transaction costs).
6.3 The following represents the monthly stock prices for Cisco for a 6-month pe- riod. If you make your purchase in $2,000 amounts for each month, the total investment would be $12,000. January 2, 2000 $50 February 1, 2000 $55 March 1, 2000 $66 April 1, 2000 $63 May 1, 2000 $72 June 1, 2000 $60 (a) How many shares would you have at the end of June 30, 2000, if you did not sell any shares? (b) What is the average purchased price per share? (c) If the stock were selling at $62 per share at the end of June 30, 2000, what would be your account bal- ance?