What was the percentage gain or loss on this investment

Assignment Help Financial Management
Reference no: EM131208914

A sophisticated investor, B. Graham, sold 500 shares short of Amwell, Inc. at $42 a share.

The price of the stock subsequently fell to $38 before rising to $49 at which time graham covered the position (that is, closed the short position).

What was the percentage gain or loss on this investment?

Reference no: EM131208914

Questions Cloud

What is a change in accounting principle : What is a change in accounting principle? How do you determine if a change in principle should be reported retroactively, currently, or prospectively? How do these changes affect the financial statements?
Characteristics of gbr during the long boom : 1) What were some of the characteristics of GBR during the Long Boom? 2) What have been some of the characteristics of GBR during the neo-liberal era?
What is sociology and the sociological perspective : What is sociology and the sociological perspective? What do you see are some of the most important uses of sociology? What is meant by the nature vs. nurture debate in the social sciences? Describe and compare and contrast functional theory, co..
Four levels of evaluation : Explain in your own words the four levels of evaluation: Reaction, Learning, Behavior and Results.
What was the percentage gain or loss on this investment : A sophisticated investor, B. Graham, sold 500 shares short of Amwell, Inc. at $42 a share.- What was the percentage gain or loss on this investment?
Examine the primary ways the course will help you : Based on your experiences over the last few weeks with Excel and QuickBooks, examine the primary ways the course will help you with your future career aspirations.
Create the income statements for 2007 and 2008 : Create the Income Statements for 2007 and 2008 -  Create the Balance Sheets for 2007 & 2008.-  Create the statement of Cash Flows for 2008.
Develop the relevant bi dashboards : MIS781: Group Assignment - Business Intelligence Solution Development and Report for Social Enterprise. Develop the relevant BI dashboards, predictive models and social media analytics using IBM Watson Analytics tool
Discuss the current challenges : Discuss the current challenges, problems that faced by faced by Tesco worldwide?

Reviews

Write a Review

Financial Management Questions & Answers

  What is the value of the company stock

The company wishes to continue this dividend growth indefinitely. - What is the value of the company's stock if the required rate of return is 12 percent

  What is the amount of the overhead under-over-absorbed

Based on the data below, what is the amount of the overhead under-/over-absorbed? Budgeted overheads   Budgeted machine hours Actual machine hours Actual overheads $493,200 10,960 10,493 $514,157

  Substantive tests for plant assets

Pierce, an independent auditor, was engaged to audit the financial statements of Mayfair Construction Incorporated for the year ended December 31, 20X3. Mayfair's financial statements reflect a substantial amount of mobile construction equipment used..

  What is the company weighted average cost of capital

YZ has target capital structure of 60% common stock, 30% debt and 10% preferred stock. The company wishes to issue new 30 years bond with 10% coupon rate. The flotation cost will be $20 and the bond has to be sold at 5% discount. What is the company’..

  What is the new par value per share and dividend per share

The company with the common equity accounts shown here has declared a 5-for-one stock split when the market value of its stock is $33 per share. The firm’s 75-cent per share cash dividend on the new (postsplit) shares represents an increase of 20 per..

  Can the irs initiate an audit of gnts tax return

During a field examination of GNT's income tax returns for 2012 and 2013, the revenue agent discovered that the treasurer had systematically omitted substantial income items and initiated deductions to minimize the corporation's tax. The agent suspec..

  General capital budgeting rule for optical strategy

A new product has two major potential markets. The product will succeed in both or fail in both, with equal probability. The markets are otherwise independent. You may enter the markets sequentially or simultaneously either now, one year from now, or..

  Stock has an expected return

A stock has an expected return of 12.2 percent, the risk-free rate is 4 percent, and the market risk premium is 10 percent. What must the beta of this stock be? (Do not round intermediate calculations and round your final answer to 2 decimal places. ..

  Estimates the variable costs of producing one unit

Pandecker, Inc., estimates the variable costs of producing one unit to be $11.26. The company plans to produce 26,500 units. The fixed costs the company expects to incur are $82,770. What is Pandecker's break-even selling price?

  Invest in a portfolio containing stock

You have $138,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 17.4 percent. Stock X has an expected return of 15.6 percent and a beta of 1.40, and Stock Y has an expected ..

  Margin call price and account equity

You short sold 800 shares of stock at a price of $45 and an initial margin of 55 percent. If the maintenance margin is 30 percent, at what share price will you receive a margin call? What is your account equity at this stock price?

  What has modern technology done to increase globalization

What has modern technology done to increase Globalization? How has this affected agency problems in Multinational Corporations? Give some examples supporting your position(Use your own words)

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