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Category > Business & Finance Posted 01 Jun 2017 My Price 8.00

A sophisticated investor

A sophisticated investor, B. Graham, sold 500 shares short of Amwell,Inc. at $42 a share. The price of the stock subsequently fell to $38 beforerising to $49 at which time Graham covered the position (that is,closed the short position). What was the percentage gain or loss on thisinvestment?

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Status NEW Posted 01 Jun 2017 06:06 AM My Price 8.00

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