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A portfolio holds four long shares of Stock Alpha, valued at CAD 80 per share. The portfolio also sells short two shares of stock Beta,
A portfolio holds four long shares of Stock Alpha, valued at CAD 80 per share. The portfolio also sells short two shares of stock Beta, valued at CAD 55 per share. One month later, stock Alpha is valued at CAD 100 per share and stock Beta is valued at CAD 67.5 per share.
Calculate the one month returns on the long position, the short position and the total portfolio.
Calculate the one month returns on the long position, the short position and the total portfolio.
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South Western Federal Taxation 2016 Corporations Partnerships Estates And Trusts
Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young
39th Edition
978-1305399884
