On September 1st an equity had a price of $45.92. Today its value is $52.85....
70.2K
Verified Solution
Link Copied!
Question
Finance
On September 1st an equity had a price of $45.92. Today its value is $52.85. If you sold the stock short on September 1st and liquidated (covered) your position today, what was your profit in dollars?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
