Ask Question
6 June, 04:14

Aria has heard a rumor that a major food company will be forced to recall millions of jars of peanut butter. due to contamination If the rumors are true, the company's stock price will decline sharply. Which one of the following strategies would allow Jennifer to earn a profit if the rumor proves to be true

+3
Answers (1)
  1. 6 June, 04:32
    0
    Answer: For her to sell the stock short immediately

    Explanation:

    Aria would have to employ selling the stock short immediately for her to gain profit, As people would want to buy much when she does so.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Aria has heard a rumor that a major food company will be forced to recall millions of jars of peanut butter. due to contamination If the ...” 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.
Search for Other Answers