You just sold short 700 shares of Wetscope, Inc., a fledgling software firm, at $81...
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You just sold short 700 shares of Wetscope, Inc., a fledgling software firm, at $81 per share. You cover your short when the price hits $71.50 per share one year later. If the company paid $.35 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 50 percent.
You just sold short 700 shares of Wetscope, Inc., a fledgling software firm, at $81 per share. You cover your short when the price hits $71.50 per share one year later. If the company paid $.35 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 50 percent.
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