Hi,

Question 1
If the interest rate of borrowing stocks is 6%. and you borrow overnight from Monday to Tuesday, what is the interest rate you pay?

A) Principle * (0.06 / 365)
B) Principle * (0.06 / # business days)

Question 2
If the interest rate of borrowing stocks is 6%. and you borrow overnight from Friday to Monday, what is the interest rate you pay?

A) Principle * (0.06 / 365) * 3
B) Principle * (0.06 / 365) * 1