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Jocelyn sold 1000 shares of JKLO stock short at $31.25 per share. Six months later Jocelyn covered her position by buying the shares at $29.00
Jocelyn sold 1000 shares of JKLO stock short at $31.25 per share. Six months later Jocelyn covered her position by buying the shares at $29.00 each. Ignoring margin interest and brokerage fees, Nancy will
Group of answer choices
earn a total profit of $3,125.
lose a total of $2,250.
lose a total of $2,900.
earn a total profit of $2,250.
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