Respuesta :
The number of shares of Coca-Cola short sold and number of Intel shares bought are c. Short sold 250 of Coca cola and invested in 1200 shares of Intel.
Data and Calculations:
Cash available for investment = £20,000
Proceeds from short sale of Coca-Cola = £10,000
Total funds available for investment = £30,000
Initial price of Coca-Cola per share = £40
Number of Coca-Cola shares short sold = 250 (£10,000/£40)
Initial price of Intel stock per share = £25
Number of Intel shares acquired = 1,200 shares (£30,000/£25)
Thus, you short sold 250 shares of Coca-Cola stock and invested in 1,200 shares of Intel stock.
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