You sold shares of Northwest Corp. short at $74.46 per share. Your initial margin was 0.8. One year later you cover your short at $75.94 per share. If Northwest paid dividends of $0.68 during this period and you had to pay margin interest at $0.71 per share, what is your rate of return (in percent) on this investment? 

Answer rating: 100% (QA)

Sold shares of Northwest Corp short at 7446 per share with an initial margin of 08 After one ... View the full answer