Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commission charge of 0.5%. Supposing

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Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commission charge of 0.5%. Supposing you pay commission charges for purchasing the security to cover the short-sale, how much profit have you made if you close the short-sale at a price of $29.87?
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Derivatives Markets

ISBN: 9789332536746

3rd Edition

Authors: Robert McDonald

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