QUESTION 5
You sell short 5,000 shares of Intel (INTC) at $25 per share and give your broker $80,000 to establish your margin account. You earn no
interest on the funds in your margin account. If a year has passed, and INTC paid out a dividend of $1.5 per share, what will be your rate
of return after one year if INTC stock is selling at $27?
? ?. -21.88%
?. -3.13%
C. -12.50%
D.-13.57%