Wiley sold short 100 shares of ACME stock at a price of $80 per share. While the position was open, a dividend of $2 per share was distributed. Wiley covered the short position at $50 per share. What is his total gain, ignoring commissions and borrowing costs?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Wiley sold short 100 shares of ACME stock at a price of $80 per share. While the position was open, a dividend of $2 per share was ...” 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
You Might be Interested in
Think about the company you currently work for or one you have worked for in the past. How do the economy, technology, global environment, market forces (supply, demand, competition, inflation, unemployment, government regulation, etc.
Answers (1)
Assume that initially country A exchanges three barrels of oil for one ton of steel from country B. Later the arrangement changes to four barrels of oil for one ton of steel.
Answers (1)
Answer the questions based on information in the Washington Post article Oil Prices Have Nosedived. Why Aren't Airfares Doing the Same? The term fuel hedging refers to signing contracts to pay the same price for fuel for a certain period of time.
Answers (1)
Bridgitte and Carlotta have started a business together; Carlotta put up half the money, but she is not involved in the management of the company. Bridgitte does all the hiring and supervising, as well as the general operation of the company.
Answers (1)
Each pound of American blend coffee requires 12 ounces of Colombian beans and 4 ounces of Dominican beans, while a pound of British blend coffee uses 8 ounces of each type of bean. Profits for the American blend are $2.
Answers (1)
New Questions in Business
Which is the most common ethical dilemma that financial planners face?
Answers (2)
Ribb Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling Price $190 100% Variable Expenses 57 30% Contribution Margin $133 70% Fixed expenses are $913,000 per month.
Answers (1)
Is white wine homogeneous or heterogeneous?
Answers (1)
Nelson, a minor, misrepresents his age when agreeing to a contract to buy a restored, antique soda vending machine from old is new again, inc. ordinarily, nelson can disaffirm the contract
Answers (1)
The national restaurant association states that the restaurant industry has an economic effect of more than $1.7 trillion annually in the united states, with every dollar spent in restaurants generating an estimated total of $2.
Answers (1)