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Unanswered Question 6 0/1 pts You takes a short position in 100 shares of GBY when the stock sells for $19 per share. You use
Unanswered Question 6 0/1 pts You takes a short position in 100 shares of GBY when the stock sells for $19 per share. You use the proceeds from the short sale plus $2,000 of your own money to buy BBC for $10 per share. Calculate your rate of return on a 1-year investment if you close both positions 1 year later when the price of GBY is $20 and the price of BBC is $12. Keep at least 4 decimal places in all of your calculations. Answer in decimals, not percent, and round your final answer to 4 decimals, for example 0.1234. You Answered Correct Answer 0.34 margin of error +/- 0.0002 Unanswered Question 6 0/1 pts You takes a short position in 100 shares of GBY when the stock sells for $19 per share. You use the proceeds from the short sale plus $2,000 of your own money to buy BBC for $10 per share. Calculate your rate of return on a 1-year investment if you close both positions 1 year later when the price of GBY is $20 and the price of BBC is $12. Keep at least 4 decimal places in all of your calculations. Answer in decimals, not percent, and round your final answer to 4 decimals, for example 0.1234. You Answered Correct Answer 0.34 margin of error +/- 0.0002
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