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A stock is currently selling for $ 4 0 . 0 0 a share. What is the gain or loss on the following transactions? Use
A stock is currently selling for $ a share. What is the gain or loss on the following transactions? Use a minus sign to enter the
amount as a negative value. Round your answers to the nearest cent.
a You take a long position and the stock's price declines to $
$
b You sell the stock short and the price declines to $
$
c You take a long position and the price rises to $
$
d You sell the stock short and the price rises to $
$
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