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Jones sells short 100 shares of MNOP stock at $62.50 per share and six months later purchase the shares at $58.00 each. Ignoring brokerage fees,

Jones sells short 100 shares of MNOP stock at $62.50 per share and six months later purchase the shares at $58.00 each. Ignoring brokerage fees, Nancy will

A. Lose a total of $101.25

B. earn a total profit of $1,112.50

C. earn a total profit of $112.50

D.lose a total of $112.50

I got the answer was $450 but did'nt have in any option above so Please help me this and show me do steps by steps. Thank you

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