Assume That You Open a 100 Share Short Position in Jiffy

question 7

Multiple Choice

Assume that you open a 100 share short position in Jiffy, Inc. common stock at the bid-ask price of $32.00 - $32.50. When you close your position the bid-ask prices are $32.50 - $33.00. If you pay a commission rate of 0.5%, calculate your profit or loss on the short investment?

• A) $32.50 gain
• B) $16.25 loss
• C) $132.50 loss
• D) $100.00 gain

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Definitions:

Divided Life

Describes a state of living where an individual's life is split between different roles, responsibilities, or inner conflicts, leading to a sense of fragmentation.

Gestalt Therapy

A form of psychotherapy that emphasizes personal responsibility and focuses on the individual's experience in the present moment, the therapist-client relationship, the environmental and social contexts of a person's life, and the self-regulating adjustments they make as a response to their situation.

Emotion-Focused Therapy

A therapeutic practice aimed at helping individuals understand, express, and regulate their emotions to improve emotional health.

Sensate-Focusing Therapy

A therapeutic technique designed to help individuals focus on and experience body sensations to enhance emotional and sexual intimacy.