Homework Help: Finance

Posted by Justin on Monday, January 25, 2010 at 11:57am.

Suppose you short-sell 100 shares of a stock at $55 with a commission charge of 0.5%. You also payu commission charge for purchasing the stock to cover the short-sale. What is your profit if you close the short-sale at $54?

business mathematics - Ahmed, Saturday, June 25, 2011 at 2:54am
For example, let us suppose that an investor wants to accumulate $1,000 in five years and that the interest rate is 5%. How much does he/she need to set aside annually in order to accumulate $1,000 at the end of five years? (Sinking fund calculation)
Finance - awjama, Wednesday, June 29, 2011 at 9:32am
45600

Answer this Question

Related Questions

Business Finance - Jeff Sellers bought 200 shares of Radio Shack stock at $22.35...
Accountin - Balance sheet help Preferred stok-$5.00 par 50,000 balance Common ...
Finance - Suppose that you sell short 100 shares, now selling at $70 per share. ...
finance - what are the steps to - buy 1 undervalue stock using CAPM(long) -Sell ...
Personal Finance - Jo Bower owns 150 shares of Data General stock. She purchased...
business math - Jeff Sellers bought 200 shares of radio shack stock at $22.35. ...
Business Fianance - Jeff Sellers bought 200 shares of Radio Shack stock at $22....
Personal Income Tax - Here is my homework problem that I need some help with: &...
Personal Finance - Mike Welch purchased 5,000 shares of Grass Roots stock for $...
accounting - Jones Company is authorized to issue 20,000 shares of no-par, $5 ...

For Further Reading

First Name:
School Subject:
Answer: