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Assume that the cash can be invested at 4.5% p.a. and borrowing Renault shares cost 0.375% p.a. Shorting Renault creates a new asset with a
Assume that the cash can be invested at 4.5% p.a. and borrowing Renault shares cost 0.375% p.a.
Shorting Renault creates a new asset with a return =
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Multinational Finance
Authors: Kirt C. Butler
4th Edition
1405181184, 978-1405181181
