In: Finance
Suppose you short-sell 100 shares of IBM, now selling at $178 per share. |
a. | What is your maximum possible loss? |
Maximum possible loss are | (Click to select)178unlimited0 |
b. |
What happens to the maximum loss if you simultaneously place a stop-buy order at $192.50? (Do not round intermediate calculations. Input the amount as a positive value.) |
Maximum loss | $ |