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Assume you sell short 1,000 shares of common stock at $35 per share. What would be your profit if you repurchase the stock at $25
Assume you sell short 1,000 shares of common stock at $35 per share. What would be your profit if you repurchase the stock at $25 per share? The stock paid no dividends during the period.
A. | $10,000 | |
B. | -$5,600 | |
C. | $5,600 | |
D. | -$10,000. | |
E. | $12,600 |
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