Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Following the release of new product and strong earnings.ABC stock jumps 2 5 % , from 1 0 0 to 1 2 5 per share.When

Following the release of new product and strong earnings.ABC stock jumps 25%,from 100 to 125 per share.When the trader closes out a long 500 ABC share CFDs position ,what is the realized profit ? A,10,000. B,12,500. C,20,000. D,1,000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance Fundamentals

Authors: K. Moeti

3rd Edition

148512946X, 9781485129462

More Books

Students also viewed these Finance questions