Question
You deposit $100,000 cash in a brokerage account and short sell $180,000 of stocks. Later, the value of the stocks held short rises to $270,000,
You deposit $100,000 cash in a brokerage account and short sell $180,000 of stocks. Later, the value of the stocks held short rises to $270,000, whereupon you get nervous and close your account. What is the percentage return on your investment?
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University Finances Accounting And Budgeting Principles For Higher Education
Authors: Dean O. Smith
1st Edition
1421427257, 978-1421427256
