Question: Being a sophisticated trader, you are not afraid to engage in selling shares short. You sell short 100 shares of Internet Bust Company, at the

Being a sophisticated trader, you are not afraid to engage in selling shares short. You sell short 100 shares of Internet Bust Company, at the market price of $20.00 per share. What is your profit or loss if you exit the short position five months from now and a share of the company is worth $15.00?

Step by Step Solution

★★★★★

3.52 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

You sold short 100 20 2 000 worth of shares In o... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

958-C-O-C-O-C (2178).docx

120 KBs Word File

Students Have Also Explored These Related Organic Chemistry Questions!

For the fixed-bias configuration of Fig. 7.81, determine: a. IDQ and VGSQ using a purely mathematical approach. b. Repeat part (a) using a graphical approach and compare results. c. Find VDS, VD, VG,...

A cast iron, T-type fitting is being produced for the oil drilling industry, using an air-set or no-bake sand for both the mold and the core. A silica sand has been used in combination with a...

At time zero you enter a short position in futures contracts on 20 shares of the stock XYZ at the futures price of $50.00. Moreover, you sell (write) 5 "exotic" options of the following type: they...

A bank quotes the nominal annual rate of 6%, and it compounds interest every two months. What is the value of one dollar deposited in this bank after a year?

:Help me answer the following questions, thanks. Starbucks Corporation January 2017. After sitting through another long executive meeting, Starbucks chairman and CEO Howard Schultz, now in his...

What will be the exit strategy for Nantucket Nectars. Explain the financial and growth analysis of the company. 898-171 Nantucket Nectars It was certainly exciting to have some companies interested...

What will be the exit strategy for Nantucket Nectars. Explain the financial and growth analysis of the company. ( Please use exhibits to do calculations in excel ) 898-171 Nantucket Nectars It was...

Read the case study and please answer the follow questions- Outline the major strengths, weaknesses, opportunities, and threats (SWOT) that Mistine should place emphasis on in a bid to achieve a...

The Offer Price THE OFFER PRICE Miranda Lam, Salem State University Raminder Luther, Salem State University August 10, 2006 (Thursday) Hans Sr. walked into his son's office. \"I just got a call from...

Apply for or upgrade options trading Erandios Well A Opint Change 0.00 0 O 1 0 American Express Company Common Stock ICEBA Options Reports Symbol Bid Ask Change Change BIA Size XP 83.14 81.1 83.16...

Q 1 . Alex has a short forward contract on 1 0 0 shares of a company, namedACE, with a strike price $ 2 0 0 . Q 1 - 1 . Suppose the spot price of the share at the maturity of the forward contract is...

The data salary.txt collects the salary data from a company. We want to study the relationship of the salary (salary) and the number of years of working experience (years). The response variable is...

At a certain time a particle had a speed of 18 m/s in the positive x direction, and 2.4 s later its speed was 30 m/s in the opposite direction. What is the average acceleration of the particle during...

The nine stages in printing a page using an inkjet printer are shown below. The nine stages are NOT in the correct order. By writing the letters A to 1, put each of the stages into the correct order....

"n/a" for "not applicable." The first two have been done for you as examples. Disease/Disorder Definition Transmission Prevention modifiable/non- modifiable risk asase factors

There are many things that can go wrong with endocrine signaling? (Pathology). Make a list of things that can go wrong with the gland, hormones, target cell, response, etc. For example, the gland can...

1)What tissue regulates both the adenohypophysis and the neurohypophysis? Does this tissue regulate lots of physiological functions? Give a few examples. 2) All of the following are directly...

1.The bodys cells need glucose and oxygen to make ATP to live and do work. When the oxygen supply is cut off to the brain, what happens to the brain cells? 2.When you are exercising, your muscle...

1) How does iodine deficiency affect the histology of the thyroid gland? What happened to the size of the colloid? Explain. 2) How would iodine deficiency affect the levels of the following? Use up...

Why will AVC eventually rise as a firm continues to increase output?

Ammonium cyanate is composed of an ammonium caution (NH 4 + ) and a cyanate anion (OCN ). Show a Lewis structure for the cyanate anion. (Both O and N are bonded to C.) Which atom has the negative...

(a) Show a Lewis structure for urea. CH 4 N 2 O. Both Ns and the O are bonded to the C. The Hs are bonded to the Ns. None of the atoms has a formal charge. (b) Show a Lewis structure of an isomer of...

Phosphorus forms two compounds with chlorine, PCl 3 , and PCl 5 . The former follows the octet rule, but the latter does not. Show Lewis structures for each of these compounds. For the corresponding...

Can you help me figure this out? Question 12 2 / 3 pts 12. On a multiple choice test with 5 possible options for each question (a, b, c, d, and e), what is the probability that a guess on one...

Is the correct answer b.Pretty sure not c or a Two similar surveys were conducted by different companies. . Company A surveyed 1127 employees and expects their survey results to be within + 1.7%, 4...

12) How many years would it take for Jughead to save an adequate amount for retirement if he deposits $2,000 per month into an account beginning today that pays 12 percent per year if he wishes to...