Dana believes that a new phone to be sold by ear fruit inc. will become the most popular phone in the global market. dana enters into a contract to buy 500 shares of ear fruit stock, anticipating an increase in its value. the phone does not become popular, and the price of the stock does not rise. dana can recover
a. the amount of the purchase price plus the unexpected decrease.
b. the amount of the purchase price plus the expected increase.
c. nothing.
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Dana believes that a new phone to be sold by ear fruit inc. will become the most popular phone in the global market. dana enters into a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » Dana believes that a new phone to be sold by ear fruit inc. will become the most popular phone in the global market. dana enters into a contract to buy 500 shares of ear fruit stock, anticipating an increase in its value.