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Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $70 per share. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $70 to $82.50, and the stock has paid a dividend of $10.00 per share.
a. What is the remaining margin in the account?
Remaining margin $
b-1. What is the margin on the short position? (Round your answer to 2 decimal places.)
Short margin %
b-2. If the maintenance margin requirement is 30%, will Old Economy receive a margin call?
Yes
No
c. What is the rate of return on the investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)
Rate of return %
A Treasury bill has a bid yield of 2.87% and an ask yield of 2.85%. The bill matures in 203 days. Assume a face value of $1,000. What is the dollar spread for this bill?
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Could you please let us know the turnaround time for this page? Subject relates to international currency and banking markets.
What is the operating cash flow? What is the value of the total assets?
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