Uptick Rule You wish to sell short 100 shares of XYZ Corporation stock. Assume the uptick rule
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Question:
Uptick Rule You wish to sell short 100 shares of XYZ Corporation stock. Assume the uptick rule is in effect. If the last two transactions were $34.12 followed by $34.25, you can short on the next transaction only at a price of
a. $34.12 or higher.
b. $34.25 or higher.
c. $34.25 or lower.
d. $34.12 or lower
Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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