You Sold a Stock Short

question 11

Multiple Choice

You sold a stock short. To calculate your cost basis for the stock you need to know:

• A) Its purchase price
• B) Its sale price
• C) Both purchase and sale price
• D) Its dividend yield

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Definitions:

Corporations Are Persons

A legal doctrine stating that corporations, separate from their shareholders, have some of the same legal rights and responsibilities as individuals.

Meaning Matters

The importance of understanding, significance, and purpose in communication, actions, and decision-making.

Critical Thinking Skill

The ability to think clearly and rationally, understanding the logical connection between ideas.