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cash from question 8 is $2500 You are bearish on Telecom and decide to sell short 100 shares at the market price of $50 per
cash from question 8 is $2500
You are bearish on Telecom and decide to sell short 100 shares at the market price of $50 per share. Suppose the stock doesn't pay out any dividend during your short sale order. Suppose the amount of cash you use to short sell is what you've found in question 8. What is the rate of return on your short sale if the stock price has dropped to $45?__% Step by Step Solution
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Marketing For Financial Advisors
Authors: Eric Bradlow, Keith Niedermeier, Patti Williams
1st Edition
0071605142, 978-0071605144
