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回复:(cfaspace)每天一练:Asset Valuation(资产估...

[em06]

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c

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good, thanks

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according to my understanding:

IMR=400*$25*0.5=$5000

MMR=400*$25*0.25=$2500

Investor go short, and pay 0.5cent divident, which is total 400*0.5=$200

Investor cashflow: $5000-$200=$4800, and each $1 increase in share, the investor lose $400, so when will he reach $2500 in account?

when share worth $30, $2800 in account, $35, $800 in account. So i guess c

[em03]

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buhui

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d

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3

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d

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[em01]

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d

d

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