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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
You decide to sell 100 shares of Davis Industries short when it is selling at its yearly high of $35. Your broker tells you that your margin requirement is 55 percent and that the commission on the sale is $15. While you are short, Davis pays a $0.75 per share dividend. At the end of one year you buy your Davis shares (cover your short sale) at $30 and are charged a commission of $15 and a 6 percent interest rate.
-Refer to Exhibit 3.4. What is your dollar return on the investment?
Phobias
Irrational fears of specific objects, activities, or situations, leading to intense anxiety and avoidance behavior.
Psychotherapy
A therapeutic treatment method used by mental health professionals to explore and help resolve personal, behavioral, or psychological problems.
Participant Modeling
A therapeutic technique where a therapist demonstrates a behavior to help a client learn and reproduce it.
Cognitive Therapy
A form of psychotherapy focused on changing flawed patterns of thinking to alter unwanted behavior and emotions.
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