Suppose you have $1 short $5000 worth of Kinston stock and invest the proceeds from your short sale, plus your $10,000 into one-year U.S. treasury bills earning 5%. At the end of the year, you decide to liquidate your portfolio. Kinston Industries has the following realized returns: PO Divi P1 Kinston $25.00$1.00$29.00 What is the return on your portfolio?
Suppose you have $1 short $5000 worth of Kinston stock and invest the proceeds from your short sale, plus your $10,000 into one-year U.S. treasury bills earning 5%. At the end of the year, you decide to liquidate your portfolio. Kinston Industries has the following realized returns: PO Divi P1 Kinston $25.00$1.00$29.00 What is the return on your portfolio?
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 4P
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