Suppose you short 2,000 shares of Under Armour (UA) at $15 per share. Six months later, you

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Suppose you short 2,000 shares of Under Armour (UA) at $15 per share. Six months later, you cover your short. If Under Armour is selling for $10 per share at that time, did you make money or lose money? How much? What if you covered at $20?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Dec 29, 2023 01:49 PM

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Suppose you short 2,000 shares of Under Armour (UA) at $15 per share. Six months later, you

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If you shorted at 15 per share and co...View the full answer

Fundamentals Of Investments Valuation And Management

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