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You set up a long/short trade by shorting 1,500 shares of ABC at $30 per share and using the proceeds plus another $15,000 of your
You set up a long/short trade by shorting 1,500 shares of ABC at $30 per share and using the proceeds plus another $15,000 of your money to purchase shares of WYZ at $20 per share. One-year later, ABC sells for $25 per share and YVZ sells for $28 per share.
What is your rate of return on this investment:_____
please complete on excel and show formulas!
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