emmilicious
27.01.2020 •
Business
Assume that you open a 100 share short position in jiffy inc. common stock at the bid-ask price of $32.00 - $32.50. when you close your short position the bid-ask prices are $32.50 - $33.00. jiffy inc. pays no dividends. if you pay a commission rate of 0.5%, calculate your profit or loss on the investment position?
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