(3 points) "I looked up the ten largest stock-picking mutual funds (i.e. active stock funds) today. Each of them has positive alpha. This is evidence of investing skill" Assume that it is correct to use the CAPM to risk-adjust. Hint: Focus on how you choose the set of mutual funds to study . You short sell 100 shares of stock at $100 per share. Initial margin is 60% and maintenance margin is 30%. The stock pric falls to $50 per share. What is your profit? Assume no cost to borrowing shares. Note: Not all the information is needed. O A. Made $6,000 B. Made $5,000 OC. Made $3.000 D. Lost $5,000 O E Lost $6,000