Question
At the beginning of the month, you sell short 200 shares of Wells Fargo that are currently selling at $50 per share. One month later
At the beginning of the month, you sell short 200 shares of Wells Fargo that are currently selling at $50 per share. One month later you cover your short position at $54 per shares. During the month, Wells Fargo issued $1 dividend per share. What is you return during this month?
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
