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Elmo? Inc.'s stock is currently selling at $60.26 per share. Foreach of the following situations? (ignoring brokerage?commissions), calculate the gain or loss that Courtney Schinkerealizes if she makes a 100?-share transaction.? (Enter all lossesas negative? numbers.)a. She sells short and repurchases the borrowed shares at $68.01per share.b. She takes a long position and sells the stock at $75.21 pershare.c. She sells short and repurchases the borrowed shares at $42.35per share.d. She takes a long position and sells the stock at $60.26 pershare.
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