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12 (3 complete) HW Score: 25%, 3 of 12 pt P2.21 (similar to) Question Help Charlene Hickman expected the price of Bio International shares to

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12 (3 complete) HW Score: 25%, 3 of 12 pt P2.21 (similar to) Question Help Charlene Hickman expected the price of Bio International shares to drop in the near future in response to the expected failure of its new drug to pass FDA tests. As a result, she sold short 300 shares of Bio International at $27.48. How much would Charlene eam or lose on this transaction if she repurchased the 300 shares four months later at each of the following prices per share? a. $21.29 b. $24.21 c. $30.75 d. $26.97 a. The amount Charlene would earn or lose on this transaction if she repurchased the 300 shares four months later at $21.29 each is $ 10 (Enter a loss as a negative number and round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. Check Answen Clear All parts remaining 3 P 8

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