Business, 07.03.2020 02:48 lovely222

On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share. On March 1, a dividend of $2.50 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $16.20 per share. You paid 10 cents per share in commissions for each transaction. a. What is the proceeds from the short sale (net of commission)?Proceeds from the short sale___ $b. What is the dividend payment?Dividend payment $c. What is the total cost, including commission, if you have to cover the short sale by buying the stock at a price of $16.20 per share?Total cost including commission $d. What is the net gain from your transaction?Net gain $

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:40

On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.

Answers: 2

Answer

Business, 22.06.2019 20:40

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.

Answers: 2

Answer

Business, 22.06.2019 23:10

Mr. pines is considering buying a house and renting it to students. the yearly operating costs are $1,900. the house can be sold for $175,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. if the house costs $100,000 to purchase, how much would you need to charge your tenants each year in rent? (assume a single payment for the years rent at the end of each year)

Answers: 1

Answer

Business, 23.06.2019 09:00

Describe at least four ways you can take money out of a checking account

Answers: 2

Answer

You know the right answer?

On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share...

Questions