1. In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed since a particular transaction occurred. Property A sold 18 months ago for $235,000 and Property B sold 24 months ago for $215,000. If the two properties are priced today at $239,500 and $232,300, respectively, what is the average monthly rate of increase that can be used to adjust comparable prices for changes in market conditions? 0.09% 0.17% 0.19% 0.23%
2. An investor sells a stock short for $36/share. A year later the investor covers the position at $42/share. If the margin requirement is 60%, what is the percentage return on the investment?
A) negative 16.67%
B) positive 27.8%
C) negative 27.8%
D) negative 41.67%