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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
You decide to sell short 200 shares of XCorp stock at a price of $75. Your margin deposit is 65 percent. Commission on the sale is 1.25 percent. While you are short, the stock pays a $1.75 per share dividend. Interest on margin debt is 5.25 percent per year.
-Refer to Exhibit 3.6. At the end of one year you close out your short position by purchasing share of XCorp at $45 per share. The commission is 1.25 percent. What is your rate of return on the investment?
Level Of Measurement
The scale or type of data that determines the kind of statistical analysis that can be used.
Frequency Distribution
A representation, often in graphical form, showing the number of observations within each given interval.
Sample
A subset of individuals or observations selected from a larger population for the purpose of conducting a study.
Dinner
A main meal typically eaten in the evening.
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