eBook Problem 4-03 A stock is currently selling for $60.00 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 $47.35 b. You sell the stock short and the price declines to $47.35 c. You take a long position and the price rises to $60.15 You sell the stock short and the price rises to $60.15. Check My Work ( remaining)