You wish to sell short 100 shares of XYZ Corporation stock. If the last two transactions were

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You wish to sell short 100 shares of XYZ Corporation stock. If the last two transactions were at $34.12 followed by $34.25, you can sell short on the next transaction only at a price of

a. 34.12 or higher

b. 34.25 or higher

c. 34.25 or lower

d. 34.12 or lower LO.1

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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