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Re: frontiers post# 4314

Friday, 04/28/2017 5:17:10 PM

Friday, April 28, 2017 5:17:10 PM

Post# of 21531
Not exactly, the interest rate is what the Broker charges. That is not what you get. Schwab, for example, splits the borrow cost with you so you would get 50% in your example. Also, divide by 365 days. Schwab makes out like a bandit - half of the interest on your loaned shares.
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