You sell short 300 shares of Microsoft that are currently selling at $30 per share. You post the 50%margin required on the short sale. If you earn no interest on the funds in your margin account, whatwill be your rate of return after 1 year if Microsoft is selling at $27? (Ignore any dividends.)1

After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.