Question
Jimbo James buys stock A worth $37, and stock B worth $22. He also shorts stock Z at $33, and stock Y at $42. If
Jimbo James buys stock A worth $37, and stock B worth $22. He also shorts stock Z at $33, and stock Y at $42. If after one week all four stocks are priced at $30, what is his net gain or loss? A. ($16) B. ($14) C. $0 D. $16 E. $30
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Glencoe Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0021400202, 9780021400201
