FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You short 1,000 shares of McDonalds at $58 per share A. what is the profit if you close the short when McDonalds is at $47?

You short 1,000 shares of McDonalds at $58 per share
A. what is the profit if you close the short when McDonalds is at $47?
B. What is the profit if you close the short when McDonalds is at $65

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

How is ????1 different from ????1?

Answered: 1 week ago

Question

★★★★★
Southwestern University (SWU), a large state college in Stephenville, Texas, enrolls close to 20,000 students. The school is a dominant force in the small city, with more students during fall and...

Answered: 1 week ago

Question

★★★★★
I)Let D = {w| w contains an even number of as and an odd number of bs and does not contain the substring ab}. Give a DFA with five states that recognizes D and a regular expression that generates D....

Answered: 1 week ago

Question

★★★★★
Accounting for cash flow hedge of the forecasted sale of a commodity inventory Assume that our company decides to hedge the risk of changes in its cash flows relating to a forecasted sale of 100,000...

Answered: 1 week ago

Question

★★★★★
Assume you are sales rep for a major telecommunications company and you are preparing a presentation for a buying group at a national retailer. Identify four sources you would use to personalize the...

Answered: 1 week ago

Question

★★★★★
Strategy in Action. Price Wars in the Breakfast Cereal Industry &Closing Case. Competition in the US Market for Wireless Communication Section 2. Integrate your learning. Generalize - i.e., go beyond...

Answered: 1 week ago

Question

★★★★★
For years Colleges did not offer any online programs. As they began considering expanding on-campus programs to the internet, what costs would be relevant and irrelevant in consideration of adding...

Answered: 1 week ago

Question

★★★★★
Discussion: Second Opinion on Developmental Disorders Please watch the video and formulate a response. "Aditi Shankardass A second opinion on developmental disorders" Directions: 1.) Please talk...

Answered: 1 week ago

Question

★★★★★
What is a change model that can be used in the steel industry regarding the use of more efficient technology, carbon emissions, and negative economic impacts in the steel industry? - What model would...

Answered: 1 week ago

Previous Question Next Question