Choose a stock from NYSE or NASDAQ not chosen by other students. Assume you have shorted 1000 shares of that stock six months ago. Assume you cover your short at the time of your posting during this week. Estimate your dollar profits and loss. (You need to find out from yahoo.com your stock’s price six months ago, you shorted for six months at the time of covering your short). Ignore commission. Choose the same stock above or another publicly-traded company. Assume you had bought 1000 shares of that stock on the close of the market six months ago. Assume at the time of purchase you borrowed 50 percent of total investment from your broker (Margin account). Assume you sell your 1000 shares at the time of your posting during this week. Assuming your broker call money rate is 8% per year, what is your holding period return in percent? What is your annualized return in percent? Ignore transaction costs. You need to find out from yahoo.com your stock’s price six months prior to the day you sell your stock.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Choose a stock from NYSE or NASDAQ not chosen by other students. Assume you have shorted 1000 shares of that stock six months ago. Assume you cover your short at the time of your posting during this week. Estimate your dollar profits and loss. (You need to find out from yahoo.com your stock’s price six months ago, you shorted for six months at the time of covering your short). Ignore commission.

Choose the same stock above or another publicly-traded company. Assume you had bought 1000 shares of that stock on the close of the market six months ago. Assume at the time of purchase you borrowed 50 percent of total investment from your broker (Margin account). Assume you sell your 1000 shares at the time of your posting during this week. Assuming your broker call money rate is 8% per year, what is your holding period return in percent? What is your annualized return in percent? Ignore transaction costs. You need to find out from yahoo.com your stock’s price six months prior to the day you sell your stock.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman