Assume that an investor shorts 10 SSF contracts on Microsoft at $50 and buys them back at
Question:
Assume that an investor shorts 10 SSF contracts on Microsoft at $50 and buys them back at $57. The loss on this position would be
[$50 - $57] x 100shares x 10contracts = -$7,000
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Shorting a stock and then buying it back at a higher price resu...View the full answer
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Related Book For 
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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