If you short a stock using Stock Trak, you must use SHORT to open the trade. When you want to close the trade, what action do you use? A. BUY B. SELL C. SHORT D. COVER QUESTION 26 When shorting a stock, our profit formula is BUY price - SELL price. The opposite of when we go long on a stock. True False QUESTION 27 Which of the following statements best describes how shorting a stock works? A. You buy a stock, then borrow it and sell it, then replace the borrowed stock B. You sell a stock, then borrow it and buy it, and replace the borrowed stock OC. You borrow a stock and buy it, then sell it and replace the borrowed stock OD. You borrow a stock and sell it, then buy it and replace the borrowed stock QUESTION 28 You must designate a price when placing a market order. True False QUESTION 29 You must designate a price when placing a limit order. True False