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A hedge fund manager is long $120,000 worth of securities and short $80,000 worth of securities. Therefore, her leverage is a) .40 b) .60 c)
A hedge fund manager is long $120,000 worth of securities and short $80,000 worth of securities. Therefore, her leverage is a) .40 b) .60 c) 1.7 d) 2.5
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
