Val believes the price of ABC is too high at $35/share. She shorts 100 shares. A week
Question:
Val believes the price of ABC is too high at $35/share. She shorts 100 shares. A week later, the price is $32/share when she covers a short position. How much money did Val make?
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The selling price is 35 and the buying pr...View the full answer
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Related Book For 
Financial Institutions, Markets and Money
ISBN: 978-1119330363
12th edition
Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias
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