Shares of microsoft


Question: You sell short 300 shares of Microsoft which are currently selling at $30 for each share. You post the 50% margin needed on the short sale. If you earn no interest on funds in your margin account, what will be your rate of return after 1 year if Microsoft is selling at $27? (Ignore any dividends.)

Find out:

A 10%

B 20%

C 6.67%

D 15%

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Shares of microsoft
Reference No:- TGS0875712

Expected delivery within 24 Hours