Imagine you borrow 100 stocks from a broker, and you sell the stocks on the market for

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Imagine you borrow 100 stocks from a broker, and you sell the stocks on the market for $100 each. You expect the price of the stock to drop to $80. Instead, the stock price goes up to $102. How much did you gain/lose?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Oct 31, 2023 05:11 AM

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Imagine you borrow 100 stocks from a broker, and you sell the stocks on the market for

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you borrowed 100 stocks and sold them for 100 each which means you ... View the full answer

Foundations of Financial Management

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