You decide to short-sell 10 shares of Tesla (Ticker: TSLA). The current bid-ask prices are...
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You decide to short-sell 10 shares of Tesla (Ticker: TSLA). The current bid-ask prices are $404.25 - $405.30. You decide to close your position 3 weeks later at bid-ask prices of $397.50-$398.10. Assume each transaction cost is $5.95. What is your profit or loss on this trade? Round to the nearest $0.01
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