A speculator sells a stock short for 50 a share the company


A speculator sells a stock short for $50 a share. The company pays a $ 2 annual cash dividend. After a year has passed, the seller covers the short position at $ 42. What is the percentage return on the position (excluding the impact of any interest expense and commissions)?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: A speculator sells a stock short for 50 a share the company
Reference No:- TGS0602287

Expected delivery within 24 Hours