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(a) You sell short 100 shares of CSO Corp. when the price per share is $20. What is your total profit or loss if you
(a) You sell short 100 shares of CSO Corp. when the price per share is $20. What is your total profit or loss if you exit the short position in a month when the price is $40 per share? (b) Propose a strategy that could be used to protect you from any potential loss if you are the short seller.
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