Question
DDWN is a double leveraged, inverse ETF tracking Asset A. DDWNs share price is $100; Asset As price is $2. You are in charge of
DDWN is a double leveraged, inverse ETF tracking Asset A.
DDWNs share price is $100; Asset As price is $2.
You are in charge of rebalancing the ETF.
Asset As price increases to $2.10. What do you have to do?
Asset As price increases from $2.10 to $2.20. What do you have to do?
Asset As price drops to $2.00. What do you have to do?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
