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professor190 [17]
3 years ago
13

All of the following are true about selling a listed security "short against the box" EXCEPT: (A) It may be done to arbitrage (B

) It may be done to lock in a profit. (C) It is done to postpone taxes to a future date. (D) It can be done to hedge a long stock position.
Business
1 answer:
Alla [95]3 years ago
4 0

Answer:

C. It is done to postpone taxes to a future date

Explanation:

Selling short against the box can no longer be done to defer tax to the next tax period

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C.

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