Before the COVID-19 pandemic hit the world, a number of hedge fund managers in the United Kingdom

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Before the COVID-19 pandemic hit the world, a number of hedge fund managers in the United Kingdom went on a short selling spree. This was similar to buying put options, which are bound to be profitable if prices go down. The hedge fund managers ended up making billions of pounds in profit. Some Members of Parliament argued that profiteering in the face of an economic slowdown was unethical. What do you say?

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Principles Of Managerial Finance

ISBN: 9781292400648

16th Global Edition

Authors: Chad Zutter, Scott Smart

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