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Investor X short-sells 350 shares of XYZ Telecom., now selling for $60 per share. What is his maximum possible loss? * a. $60 b. $350
Investor X short-sells 350 shares of XYZ Telecom., now selling for $60 per share. What is his maximum possible loss? *
a. $60
b. $350
c. $21,000
d. Unlimited
e. None of the above
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