[Solved] 7. At time t = 0 DIS has a bid price of $

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7. At time t = 0 DIS has a bid price of $139.80 and an ask price of $139.98. At time t = 1 the

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7. At time t = 0 DIS has a bid price of $139.80 and an ask price of $139.98. At time t = 1 the bid/ask is $138.40/$138.50. What is the profit or loss over t = 0 to t=1 of the following trades. (1) Short 13,000 shares. (2) Buy 13,000 shares

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