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After researching Best Buy common stock, Sally Wang is convinced the stock is overpriced. She contacts her account executive and arranges to seil short 300

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After researching Best Buy common stock, Sally Wang is convinced the stock is overpriced. She contacts her account executive and arranges to seil short 300 shares of Best Buy. At the time of the sale, a share of common. stock had a value of $134. Three months lat. Best Buy is selling for $126 a share, and Sally instructs her broker to cover her short transaction. Total commissions to buy and sell the stock were $51, What is her profit for this short transaction? Answer is complete but not entirely correct. Bill Campbell invested $3,400 and borrowed $3,400 to purchase shares in Kellogg. At the time of his investment. Kellogg stock was: selling for 552 a share. Note' There were no commissions to bity or sell this stock. o. How many shares could he buy if he used his $3.400 and borrowed $3.400 on margin to buy Ketlogg stock? Note: Round up your final answer to the neorest whole unit. b. Assuming Bell did use margin, sold his Kellogg stock $59 a share, how much profit did he make on his Kelogg investment? Note: Round up your intermediate value of "Total shores" to the nearest whole unit. Round your final answer to 2 decimal pleces

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