13.3you borrow 100 shares of abc stock from your broker and sell them at $25/share (plus a $100 commission). two weeks later, the stock price drops to $20/share. you buy 100 shares to return to the stockbroker and pay a $100 commission. what is your return on investment (calculate to the nearest single decimal point)? %

16.0%

Explanation:

Amount of share borrowed = 100shares

If it was sold at $25/share, 100 shares will be sold at $25×100 = $2,500 ($100 commission included).

If the price drop to $20/share after 2weeks, the price of 100 shares will be $20×100 which $2,000 for 100 shares.

If $100 commission was paid the total amount of share to be returned will be $2,000+$100(commission)

= $2,100

ROI = Amount borrowed - amount after stock price drops

ROI = $2,500 - $2,100

ROI = $400

%ROI = $400/$2500×100

%ROI = 16.0%

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.