Problem 4 03 A stock is currently selling for $60.00 a share. What is the...
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Problem 4 03 A stock is currently selling for $60.00 a share. What is the gain or loss on the following transactions? Use a minus sign to enter the amount value. Round your answers to the nearest cent. a. You take a long position and the stock's price declines to $47.35. $ b. You sell the stock short and the price declines to $47.35. $ c. You take a long position and the price rises to $65.15. S d. You sell the stock short and the price rises to $65.15. Grade it Now Save & Continue
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