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Baker company stock is selling at $42 per share when Carlos sells 200 shares of stock short. today Carlos buys |
Baker company stock is selling at $42 per share when Carlos sells 200 shares of stock short. today Carlos buys the stock at a price of $45 to cover his position. ignoring trading costs, what is the dollar return on Carlos' investment? "Sell short" means that you borrow some shares to sell. carlos gets 600 little tiny dollars! he is losing money congrates to carlos for being a unwise investor ,if he lost that means someone who is already rich put another 600 bucks in his pocket Yk's answer is correct!! I couldn't have explained it any better myself. |
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