Question
Last week, Stuart Company stock was selling at $33 a share when Sam sold 300 shares of the stock short. Today Sam bought 300 shares
Last week, Stuart Company stock was selling at $33 a share when Sam sold 300 shares of the stock short. Today Sam bought 300 shares of the same stock at a price of $35 a share to cover is position. Ignoring trading costs, what is the dollar return on Sam's investment?
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Public School Finance Decoded
Authors: Jay C. Toland
1st Edition
1475827679, 978-1475827675
