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Question #5: Short-Selling (16 Points] Sebastian decides to short-sell 1375 shares of Tesla Inc. (TSLA), now selling at $108.10 per share. (a) What is
Question #5: Short-Selling (16 Points] Sebastian decides to short-sell 1375 shares of Tesla Inc. (TSLA), now selling at $108.10 per share. (a) What is Sebastian 's maximum possible gain? (4 Points) (b) What is Sebastian's maximum possible loss? [4 Points] (c) Suppose that Sebastian simultaneously places a stop-buy order for 1375 shares of Tesla (TSLA) with a $122 limit. Assume that the shares can be purchased at $122 if the order is executed. What is Sebastian's maximum possible loss? [8 Points]
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
