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OpenStudy (anonymous):
Study the table below. Day Price June 1st $48 July 1st $35 August 1st $55 The table shows the price of VCT Inc. stock on several days. Which of the trades listed below would have earned a profit? I. shorting the stock from June 1st to July 1st II. buying the stock on July 1st and selling on August 1st III. shorting the stock from June 1st to August 1st Select the best answer from the choices provided. I only II only I and II only I, II, and III
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OpenStudy (anonymous):
@sylbot
OpenStudy (anonymous):
I and II, Short if speculating downwards, buy if speculating upwards.
OpenStudy (anonymous):
Thank You
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