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P 2 . 2 0 Charlene Hickman expected the price of Bio International shares to drop in the near future in response to the expected
P Charlene Hickman expected the price of Bio International shares to drop in the near future in response to the expected failure of its new drug to pass FDA tests. As a result, she sold short shares of Bio International at $ How much would Charlene earn or lose on this transaction if she repurchased the shares months later at each of the following prices per share?
a $
b $
c $
d $
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