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Given that Local Care, Inc.'s stock is currently selling for $55 a share, calculate the amount of money that Elijah Pearson will make (or lose)

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Given that Local Care, Inc.'s stock is currently selling for $55 a share, calculate the amount of money that Elijah Pearson will make (or lose) on each of the following transactions. Assume that all transactions involve 100 shares of stock, and ignore brokerage commissions. Input all answers as positive values 2. He short-sells the stock and then repurchases the borrowed shares at $60. Total select vots b. He buys the stock and then sells it some time later at $60. of s Total lect c. He short-sells the stock and then repurchases the borrowed shares at $40. Total select of s Assume that an investor short-sells 400 shares of stock at a price of $70 a share, making a 50 percent margin deposit. A year later, the repurchased the borrowed shares at $60 a share 2. How much of her money did the short-seller have to put up to make this transaction? b. How much money did the investor make, or lose, on this transaction? Ignore margin interest. 3 c. What rate of return did she make on her invested capital (see part a)? Ignore margin interest. Round the answer to two decimal places

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