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Assume an investor has $100 and stock ABC is priced $8, and the risk-free offers zero return. Stock ABC can go up by 120% or

Assume an investor has $100 and stock ABC is priced $8, and the risk-free offers zero return. Stock ABC can go up by 120% or down by 60% with probability .5. The investment period is one period ahead. What is the expected wealth of a portfolio strategy that short-sells 10 shares of stock ABC? Select one: 88 100 76 44 0

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