In a Long/short equity strategy, fund manager M picks 2 stocks Stock A is expected to do better than overall market Stock B is expected to do worse than overall market Today Price of A = $25/share Price of B = $10/share Initial position, M longs 2 shares of A and short 5 shares of B.Scenario 1 - Market is up by 5%, A is up 10%, B is up 5%, the net payoff of M's portfolio is Multiple Choice 2.5 dollars none of the above 3.5 dollars 5.2 dollars 3.51 dollars