Answer to Question #17483 in Algebra for tracey

Question #17483
An investor sells a stock short for $36 a share. A year later, the investor covers the position at $30 a share. If the margin requirement is 60 percent, what is the percentage return earned on the investment? Redo the calculations, assuming the price of the stock is $42 when the investor closes the position.
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Expert's answer
2012-10-31T12:30:39-0400
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