Saturday
July 12, 2014

Homework Help: Finance

Posted by Justin on Monday, January 25, 2010 at 11:57am.

Suppose you short-sell 100 shares of a stock at $55 with a commission charge of 0.5%. You also payu commission charge for purchasing the stock to cover the short-sale. What is your profit if you close the short-sale at $54?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - You decide to sell short 100 shares of Charlotte Farms when it is ...
Business Finance - Jeff Sellers bought 200 shares of Radio Shack stock at $22.35...
business math - Jeff Sellers bought 200 shares of radio shack stock at $22.35. ...
Business Fianance - Jeff Sellers bought 200 shares of Radio Shack stock at $22....
economics - A speculator sells a stock short for $50 a share. The company pays a...
finance - what are the steps to - buy 1 undervalue stock using CAPM(long) -Sell ...
consumer math - Serina bought 300 shares of stock at 24 1/2. She had to pay a 1...
consumer math - Nadia bought 200 shares of stock at 34 1/2. She had to pay a 1...
Statistics - Suppose a person buys 100 shares of stock at in a company at the ...
statistics Question 2 - Suppose a person buys 100 shares of stock at in a ...

Search
Members