(a) What is Peter's gain or loss from the above transaction? later, BC Stock goes down to $45 and Peter buys back 2,000 shares of BC. 5. BC stock is trading at $50 today. Peter sells short 2,000 shares of BC at $50 per share. A week (b) What is Peter's gain or loss if the Stock price goes up to $ 56 per share a week later and he decides to buy back 2,000 shares of BC? (6 points) is

5. BC atock is trading at $50 today. Peter sells shor 2,000 shares of BC at $50 per share. A week Jater. BC Stoek goes down to $45 and Peter buys back 2,000 shares of BC. (a) What is Peter's gain or loss from the above transaction? (b) What is. Peter's gain or loss if the Stock priee goes up to $56 per share a week later and he decides to buy back 2,000 shares of BC? ( 6 points)