Question
last week, Stuart Company stock was selling at $33 a share when Sam sold 300 shares of the stock short. Today Sam shares of the
last week, Stuart Company stock was selling at $33 a share when Sam sold 300 shares of the stock short. Today Sam shares of the same stock at a price of $35 a share to cover his position. Ignoring trading costs, what is the dollar return on Sam's investment?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
