Suppose you short sell 100 shares of IBM, now selling at $120 per share. a. What is

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Suppose you short sell 100 shares of IBM, now selling at $120 per share.
a. What is your maximum possible loss?
b. What happens to the maximum loss if you simultaneously place a stop-buy order at $128?

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ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 04, 2013 08:09 AM

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Suppose you short sell 100 shares of IBM, now selling at $120 per share. a. What is

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