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You are pessimistic about IBM so you sell short 50 shares at $42 per share. Assume the initial margin is 50%. You later buy back
You are pessimistic about IBM so you sell short 50 shares at $42 per share. Assume the initial margin is 50%. You later buy back the shares at $50 per share. What is your return?
| -19.5% | ||
| 19.5% | ||
| 38.1% | ||
| -38.1% |
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Financial Intelligence For HR Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119130, 978-1422119136
