Compute what is your dollar profit

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Question - Using 60% margin, you decide to sell 100 shares of Builtrite short at a current price of $52 a share. Later, Builtrite is selling for $46 a share. Compute what is your dollar profit?

Reference no: EM132716993

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Compute what is your dollar profit : Using 60% margin, you decide to sell 100 shares of Builtrite short at a current price of $52 a share. Compute what is your dollar profit
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