What is your profit? from these transactions

Assignment Help Financial Management
Reference no: EM131308666

Last year you sold short 400 shares of stock selling at ?$74.39 per share. Six months later the stock had fallen to ?$38.62 per share. Over the? six-month period the company paid out two dividends of ?$2.05 per share. Your total commission cost for selling and buying the shares came to ?$125. Determine your profit or loss from these transactions.

What is your profit? (or loss) from these transactions?

Reference no: EM131308666

Questions Cloud

Create a cyber security profile for major information system : Every organization must create a cyber security profile (System Security Plan (SSP)) for all of its major and minor information systems.
Critical chain project management : Dave Armstrong has asked you to meet with him in his office. He continues to be concerned about the schedule. From a business perspective, he believes that this project will allow him to capture and hold 80% of the market but only if the project..
How do you think this attack impacted the us : Do you think that this attack should be considered a terrorist attack or an example of guerrilla warfare? Why?In your opinion, how do you think this attack impacted the United States' government? Explain.How do you think it impacted the general popul..
What is the incident command system : What kinds of things do volunteer organizations provide for victims in the aftermath of a disaster?- What is the Incident Command System, and why was it originally developed?
What is your profit? from these transactions : Last year you sold short 400 shares of stock selling at ?$74.39 per share. Six months later the stock had fallen to ?$38.62 per share. Over the? six-month period the company paid out two dividends of ?$2.05 per share. Your total commission cost for s..
State income tax on investment income : After reading this? chapter, it? isn't surprising that? you're becoming an investment wizard. With your newfound expertise you purchase 100 shares of KSU Corporation for ?$35.6235.62 per share. What would be your total return on your KSU Corporation?..
What is the national response framework : At whose discretion is the decision to make a disaster declaration?- What is the National Response Framework?
Create your own function and upload it to the forum area : In this Unit, we are going to focus on creating our own functions. Create your own function and upload it to the forum area for discussion. Make sure that you include the correct syntax (function prototype, function call, and function definition).
What kinds of resources offer to assist local communities : Find out what kinds of resources they can offer to assist local communities in the event of a disaster and what kind of training and exercises they conduct to prepare their members for disaster response.

Reviews

Write a Review

Financial Management Questions & Answers

  Dividend growth rate is expected-current stock price

Your company just paid a dividend of $2.00. The dividend growth rate is expected to be 4% for 1 year, 5% the next year, then 6% for the following year, and a constant 7% thereafter. The stock's required return (rs) is 10%. What is the current stock p..

  Compute the maximum change in total deposits

Compute the maximum change in total deposits that would result if deposits at financial institutions were immediately increased by $120 billion and the reserve requirement applicable to all deposits was 5%, 10% 50% 100%

  Occur to the stock price on-after the ex-dividend date

Which of the following is most likely to occur to the stock price on/after the ex-dividend date?

  Example of which type of property agreement

Robert wants to sell his family farm for the fair market value of the property. He plans on inviting offers from interested parties, and when he determines the highest offered price, he will see if any of his children wish to purchase the farm at tha..

  What are some of the major challenges facing the eu

Although European Union is the most advanced form of regional integration, it is currently facing a challenging time. What are some of the major challenges facing the EU?

  What is the length of cash conversion cycle

Prestopino Corporation produces motorcycle batteries. Prestopino turns out 1,500 batteries a day at a cost of $6 per battery for materials and labor. It takes the firm 22 days to convert raw materials into a battery. What is the length of Prestopino’..

  Overestimate or underestimate their growth rate

How do you think firms should go about predicting this growth rate so that they do not overestimate or underestimate their growth rate?

  What is the bonds expected rate of return

The market price is $900 for a 10-year bond that pays 8% interest semi annually. What is the bond's expected rate of return? If the required rate of return is 11%, is this bond overpriced, fairly priced, or underpriced? (Please show your calculation)

  Construction firm financed by both debt and equity

Strudler Real Estate, Inc., a construction firm financed by both debt and equity, is undertaking a new project. If the project is successful, the value of the firm in one year will be $380 million, but if the project is a failure, the firm will be wo..

  Worked for a company with a retirement program

Sammy has worked for a company with a retirement program, and today is retiring from her job with the amount of $268000 in her retirement account. She decides to withdrawal an equal amount from this account, once a year, beginning immediately, and en..

  Assume that interest rate parity holds

Assume that interest rate parity holds and that 90-day risk-free securities yield 3% in the United States and 3.6% in Germany. In the spot market, 1 euro equals $1.38 dollar. Is the 90-day forward rate trading at a premium or discount relative to the..

  How would you characterize the competitive strategy

How would you characterize the competitive strategy of Walmart? What does Walmart do well? How does Walmart use its supply chain to compete? What should Walmart’s supply chain be able to do particularly well?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd