Mr. P. decides to short sell 10000 shares of Chegg Inc. at that time market price. was $5.6. His broker charged $1550 as commission and requested him to deposit 45% margin. During the short period Chegg Inc paid a dividend of $0.25 per share. To close out the position Mr. P buys 10000 shares of Chegg Inc. at $4.50 and the broker charged a commission of $1,450. Calculate the return on the investment of Mr P.
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- 1) Lisa has a margin account and deposits $2500,000 into it. Assume that the prevailing margin requirement is 50%, interest and commissions are ignored and and XYZ Corp. is selling for $44 a share. a.) How many shares can Lisa purchase using the maximum allowable margin? b.) What is Lisa's profit or loss is XYZ Corp.'s stock i.) Rises to $59 and Lisa sells the stock? ii.) Falls to $32 a share and sells the stock? c.) If the maintenance margin is 30%, what price can the stock fall to before Lisa receives a margin call? 1262 20Natalia Sandino bought 100 shares of Cendant AT $15 ¼ per share and was charged a commission of l.5%. She sold the 100 shares later at $22 1/8 and had a flat commission of $25 through a discount broker. Find the profit, ignoring any dividends.Mr. Anton ordered to his stockbroker to buy 1,000 Ayala Land shares at a market price of P36.00/share. His stockbroker executed the order and the transaction was done during the day. How much should Mr. Antonr pay to his broker on settlement date assuming that his stockbroker charge him a commission fee of 1/4 of 1%, and Mr. Anton requested that the shares be registered under his name. a. 36,270.22 b. 36,108.22 c. 36,158.22 d. 36,179.90
- Shaylash bought 250 shares of stock at $31.38 per share. Several months later he sold the stock at $45.65 per share. His broker charges 4% commission for round lots and 5% for odd lots. Calculate the gain or loss on the transaction. (Show loss in parentheses)If CARDO Co purchases the net assets of SYANO Co by issuing 4,000 shares of their P10 par value shares with a fair value of P35 per share, a P40,000 direct cost and a P50,000 stock issue cost however remain unpaid. The companies also agreed on the following: CARDO guarantees the prices of there stocks and promises to pay the peso decline in their shares within one year. CARDO Co promises to pay the stockholders of SYANO Co an additional P100,00 if the net income of the company in the next year will be more than P500,000. CARDO estimates that there is an 80% probability of achieving the target income. Compute for the Consolidated Equity at the date of acquisition.If CARDO Co purchases the net assets of SYANO Co by issuing 4,000 shares of their P10 par value shares with a fair value of P35 per share, a P40,000 direct cost and a P50,000 stock issue cost however remain unpaid. The companies also agreed on the following: CARDO guarantees the prices of there stocks and promises to pay the peso decline in their shares within one year. CARDO Co promises to pay the stockholders of SYANO Co an additional P100,00 if the net income of the company in the next year will be more than P500,000. CARDO estimates that there is an 80% probability of achieving the target income. Compute for thetotal assets at the date of acquisition
- If CARDO Co purchases the net assets of SYANO Co by issuing 4,000 shares of their P10 par value shares with a fair value of P35 per share, a P40,000 direct cost and a P50,000 stock issue cost however remain unpaid. The companies also agreed on the following: CARDO guarantees the prices of there stocks and promises to pay the peso decline in their shares within one year. CARDO Co promises to pay the stockholders of SYANO Co an additional P100,00 if the net income of the company in the next year will be more than P500,000. CARDO estimates that there is an 80% probability of achieving the target income. Compute for the Consolidated Total Assets at the date of acquisition.If CARDO Co purchases the net assets of SYANO Co by issuing 4,000 shares of their P10 par value shares with a fair value of P35 per share, a P40,000 direct cost and a P50,000 stock issue cost however remain unpaid. The companies also agreed on the following: CARDO guarantees the prices of there stocks and promises to pay the peso decline in their shares within one year. CARDO Co promises to pay the stockholders of SYANO Co an additional P100,00 if the net income of the company in the next year will be more than P500,000. CARDO estimates that there is an 80% probability of achieving the target income. compute for the consolidated total equity at the date of acquisition2) Andrew bought 10,000 shares of stock B at $2 per share. At the end of the year, he sold all the shares at $2.50 per share. The transactions payable for share transactions in Singapore are: Clearing fee Trading access fee Brokerage commission 0.0325% 0.0075% 0.2800% In addition to the above cost, Andrew has to pay GST of 7% on the total transaction cost (i.e. sum of clearing fee, trading access fee and brokerage commission). Calculate Andrew's profits in dollars and return.
- If CARDO Co purchases the net assets of SYANO Co by issuing 4,000 shares of their P10 par value shares with a fair value of P35 per share, a P40,000 direct cost and a P50,000 stock issue cost however remain unpaid. The companies also agreed on the following: CARDO guarantees the prices of there stocks and promises to pay the peso decline in theirshares within one year. CARDO Co promises to pay the stockholders of SYANO Co an additional P100,00 if the net income of the company in the next year will be more than P500,000. CARDO estimates that there is an 80% probability of achieving the target income. REQUIREMENTS:A. Consolidated Total Assets at the date of acquisitionB. Consolidated Equity at the date of acquisitionMr. Ramon Sy has 100 SMC shares which he bought costing P13,000. He would like to sell his shares registered under his name at a market price of P136/share. His broker executed the order and the transaction was done during the day. His stockbroker charged the minimum stock broker's fee. How much is the realized gains of Mr. Sy? a. P600.00 b. P455.12 c. P405.80 d. P400.00Jeeper purchased 400 shares of the GST Company common stock at P4,890.00 per share. A few months later, he sold the shares at P3,500.00, His stockbroker charges 4.3% commission on round lots and 4.6% on odd lots. Compute a. total cost, n. the proceeds, and c. the gain or loss on the transactions.