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4. Problem 4-04 esco Problem 4-04 5 A sophisticated investor, B. Graham, sold 450 shares short of Amwell, Inc. at $48 a share. The price
4. Problem 4-04 esco Problem 4-04 5 A sophisticated investor, B. Graham, sold 450 shares short of Amwell, Inc. at $48 a share. The price of the stock subsequently fell to $35 before rising to $50 at which time Graham covered the position (that is, closed the short position). What was the percentage gain or loss on this investment? Use a minus sign to enter the amount as a negative value. Round your answer to two decimal places. Grade it Now Save & Continue Continue without saving
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