What is the short rebate that the broker paid on the


An investor sells 50 shares short when the market is 19.40-19.42. She owes a 20% haircut to her broker, and borrows the excess funds needed (above the short proceeds) at a rate of 6.2%. One year later, the position is closed when the market is 18.12-18.15 at a net profit of $93.51. What is the short rebate that the broker paid on the collateral in this situation?

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Financial Management: What is the short rebate that the broker paid on the
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