Suppose you short 2,000 shares of Under Armour (UA) at $15 per share. Six months later, you
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Suppose you short 2,000 shares of Under Armour (UA) at $15 per share. Six months later, you cover your short. If Under Armour is selling for $10 per share at that time, did you make money or lose money? How much? What if you covered at $20?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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