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mombefor78 mombefor78
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2 years ago
Kensington Company stock was selling at $132 a share when Charlotte sold 300 shares of the stock short. Today Charlotte bought 300 shares of the same stock at a price of $140 per share to cover her position. Ignoring trading costs, what is the dollar return on Charlotte's investment?

▸ $2,400

▸ -$800

▸ $800

▸ $-2,400
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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rl679rl679
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#1
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2 years ago
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mombefor78 Author
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2 years ago
Smart ... Thanks!
dearsophia21
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Yesterday
Thank you, thank you, thank you!
Lourd Jenkins
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2 hours ago
You make an excellent tutor!
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