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7. Let's look at an arbitrage decision involving short selling: Let's assume an investor shorts 300 shares of stock in March when the price per

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7. Let's look at an arbitrage decision involving short selling: Let's assume an investor shorts 300 shares of stock in March when the price per share is $240 and closes out the position by buying them back in July when the price per share is $210. There is also a $1.25 dividend declaration paid in June. Question: If there is an arbitrage opportunity, please reconstruct it in a table (see your notes from class or in your textbook) to show if the arbitrageur gains or loses

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