Andrew sells a stock short for 800. At the end of one year, Andrew purchases...
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Andrew sells a stock short for 800. At the end of one year, Andrew purchases the stock for 760. During the year, Andrew's stock paid a dividend of 50. Amanda sold a different stock short 1000. At the end of the year, Amanda purchases the stock she sold short for X. Amanda's stock paid a dividend of 25 during the year. The margin requirement for both Andrew and Amanda is 60% and they both earn 10% interest on the margin account. Andrew and Amanda both received the same return. Calculate X. No financial calculator or excel.
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