Suppose that you expect SugarCane stock price to decline. So you decide to ask your broker to short sell 2000 shares. The curren
t market price is $40. The proceeds from the short sale $80,000 is credited into your account. However, a few days later the market price of the stock jumps to $80 per share and your broker asks you close out your position immediately. What is your profit or loss from this transaction?
If the yearbook club had 1/2 the participants attend the meeting, than all of them would be represented by 18 x 2, or 36 (since two halves make a whole)
