1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vladimir1956 [14]
2 years ago
7

You wish to sell short 100 shares of XYZ corporation stock. If the last two transactions were at $34.10 followed by $34.15, you

only can sell short on teh next transaction at a price of
Business
1 answer:
yan [13]2 years ago
6 0

Answer: b. 34.15 or higher

Explanation:

Short sales refer to the sale of borrowed stocks in anticipation that the stock price of the underlying stock will fall. This will then enable you to make a profit by buying the cheaper shares and giving it back to the entity you borrowed from thereby making a profit.

With short sales, the price is usually upward trending so will normally increase from the last price. As the last price here was $34.15, that would be the likely minimum for the next sale.

This means that the next sale will either be at a price of $34.15 or a price higher than that.

You might be interested in
12. What is OSHA's purpose?
asambeis [7]

Answer:

ansure safe and healthful working conditions for workers by setting and enforcing standards and by providing training, outreach, education and assistance.

Explanation:

4 0
3 years ago
The minimum monthly payment for Rebecca's credit card is 2% of her balance or $15, whichever is higher. If Rebecca's balance at
Leno4ka [110]
$15.00 .....this sentence is just filler because $15.00 is too short.
6 0
3 years ago
Read 2 more answers
Ordinary simple interest brings increased revenue to the lender. The general practice
densk [106]

Answer:

Exact = $34.5

Ordinary = $35

Explanation:

Given that :

Principal, P = $1500

Interest rate = 14% = 0.14

Number of days = 60

For exact :

Exact simple interest uses 365 days :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 365 = 34.520547 = $34.5

For ordinary simple interest :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 360 = $35

6 0
3 years ago
PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
zhuklara [117]

Answer:

taxes and no money management

Explanation:

some comes out of taxes and you do not know what to do with so much money

5 0
2 years ago
Which label(s) would mark the produce that you are least likely to purchase even if it was very affordable?A.no label B.100% org
Burka [1]

Answer:  C.grown with pesticides and chemical fertilizers

Explanation: We must choose this answer because pesticides and chemical fertilizers are guilty of most allergies and diseases worldwide. The best action you can do is choose 100% natural and organic items certificate on the label, so we make sure that they will be suitable for our consumption without any consequence.

7 0
3 years ago
Other questions:
  • When an sbu has become a _____________, it is essential to either invest in it heavily to gain better market share, acquire comp
    5·1 answer
  • The market research process step of defining the research problem has three​ components: specifying the research​ objectives, id
    15·1 answer
  • Jade International is a highly diversified global firm with headquarters in New Jersey. It manufactures a variety of products ra
    15·1 answer
  • Interest on an investment is considered___.
    15·2 answers
  • All but one of the following is a mechanism intended to provide reassurance against imperfect information. Which is it?
    9·1 answer
  • In ________ ranking, raters look at a list of employees, decide who the best employee is, and cross that person's name off the l
    10·1 answer
  • The recording of the factory labor incurred for general factory use would include a debit to a. Wages Expense b. Factory Overhea
    9·1 answer
  • Proctor and Gamble is the master of forming and re-forming teams for new product launches. The teams pull expertise from various
    7·2 answers
  • On January 1, $500,000 of 8%, 10-year bonds were sold for $530,000. The bonds require semiannual interest payments on June 30 an
    10·1 answer
  • The Holt fund has $500 million in assets, 80 million in debt and 15 million shares at the start of the year. At the end of the y
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!