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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 $40.00 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 $37.35.
$
b. You sell the stock short and the price declines to $37.35.
$
c. You take a long position and the price rises to $50.65.
$
d. You sell the stock short and the price rises to $50.65.
$
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