Business, 21.12.2019 05:31 Lindsay882

Typically, people buy shares of stock in the expectation that the stock's price will increase, but it is also possible to make money by correctly anticipating that a stock's price will decline -- "selling short." assume that you think that volkswagen (vw) stock is going to decline in price over the next few months because of continuing uncertainty about why the company cheated on its emissions testing. a share of vw stock is currently selling for $50. you arrange to borrow 100 shares of vw stock for three months for a price of $1 per share. you immediately sell the 100 shares. three months later, sure enough, vw stock is selling for only $42 per share. you then purchase 100 shares at $42 each and return the 100 shares of vw stock that you borrowed. how much money did you make or lose?

a. lost $800
b. lost $600
c. earned $600
d. earned $700
e. earned $800.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:20

Avx home entertainment, inc., recently began a “no-hassles” return policy. a sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. on the basis of this information, make an inference about customer reaction to the new policy. (round your answers to 1 decimal place.)

Answers: 3

Answer

Business, 22.06.2019 12:40

Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.

Answers: 3

Answer

Business, 22.06.2019 15:00

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?

Answers: 2

Answer

Business, 22.06.2019 21:00

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $

Answers: 1

Answer

You know the right answer?

Typically, people buy shares of stock in the expectation that the stock's price will increase, but i...

Questions