You purchased 300 shares of common stock on margin for \$60 per share. The initial margin is 60% and the stock pays no dividend. What would your rate of return be if you sell the stock at \$45 per share? Ignore interest on margin.

Which of the following is/are not characteristic of a money market instrument?

Which one of the following terms best describes Eurodollars?

Which one of the following is not a money market instrument?

Assume you sold short 100 shares of common stock at \$50 per share. The initial margin is 60%. What would be the maintenance margin if a margin call is made at a stock price of \$60?

You sold a futures contract on oats at a futures price of 233.75 and at the time of expiration the price was 261.25. What was your profit or loss?

Assume you sell short 100 shares of common stock at \$45 per share, with initial margin at 50%. What would be your rate of return if you repurchase the stock at \$40/share? The stock paid no dividends during the period, and you did not remove any money from the account before making the offsetting transaction.