Question
5.3. An investor shorts 500 shares when the share price is $55.65 and closes out the position six months later when the share price is
5.3. An investor shorts 500 shares when the share price is $55.65 and closes out the position six months later when the share price is $49.50. The shares pay a dividend of $3.15 per share during the six months. How much does the investor gain?
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
