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Last year you sold short 400 shares of stock selling at ?$77.34 per share. Six months later the stock had fallen to ?$41.85 per share. Over the? six-month period, the company paid out two dividends of ?$1.21 per share. Your total commission cost for selling and buying the shares came to ?$160
Determine your profit or loss from these transactions. Your profit? (or loss) from these transactions is ?$___. ?(Round to the nearest? dollar.)
If the dealer is offering 100% financing at 7.6% APR compounded monthly for a 5 year loan, what would be the monthly payment?
If you start making monthly deposits tomorrow in an index fund of the Wilshire 5000 and assume it will return 7% compounded monthly
Sally was looking at MacKenzie Cdn Growth A. Go to the Morningstar website (investment research firm at www.morningstar.ca), and find the following to help Sally evaluate this MacKenzie Mutual Fund.What are the MER fees charged for this fund? What is..
Assume that a car-rental company buys cars for $ 20,000 each and rents them out to other businesses. The company faces a nominal interest rate of 10 percent.
You purchased 200 shares for XYZ Company stock 10 years ago for $56 a share. The stock paid no dividends but now could be sold for $85 a share. Which of the following is closest to the annual rate of return you earned on this stock?
You have just won the lottery and will receive $550,000 in one year. You will receive payments for 29 years, which will increase 3 percent per year.
What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions if any?
Ben remembers from finance class that the shorter the amortization period, the less total interest you will pay. Calculate how much interest they would save if they made monthly payments over a 20 year amortization rather than a 25 year amortiza..
Suppose Hillard Manufacturing sold an issue of bonds with a 10-year maturity, a $1,000 par value, a 10 percent coupon rate, and semiannual interest payments.
Samuel Jenkins made two investments, the first was 13 months ago, If Samuel is in the 28 percent tax bracket, what will be the amount of capital gains tax
ricky spends 103.19 in additional interest and charges on monthly payments as the result of the prior bankrupsy if
What does a flexible budget performance report do that a simple comparison of budgeted to actual results does not do? What should be the consequences of a department or division that exceeds the spending budget for their product line?
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